Well-maintained brick legal 4-plex investment corner lot property featuring three spacious 2-bedroom units and one 1-bedroom unit. Current leases on three units generate a solid 6% cap rate, with additional upside once the vacant 2-bedroom unit is leased. Each apartment offers two private entrances and separate hydro meters. The property is attractively landscaped and situated in a quiet, desirable neighborhood. (id:60365)
MLS® Number | X12377200 |
Property Type | Multi-family |
Community Name | Dunnville |
AmenitiesNearBy | Golf Nearby, Marina, Park, Schools |
EquipmentType | None |
Features | Flat Site |
RentalEquipmentType | None |
ViewType | City View |
BathroomTotal | 4 |
BedroomsAboveGround | 7 |
BedroomsTotal | 7 |
Age | 100+ Years |
Amenities | Separate Electricity Meters |
Appliances | Dishwasher, Dryer, Stove, Washer |
BasementDevelopment | Unfinished |
BasementType | Full (unfinished) |
ExteriorFinish | Brick |
FoundationType | Concrete |
HeatingFuel | Natural Gas |
HeatingType | Other |
StoriesTotal | 2 |
SizeInterior | 2500 - 3000 Sqft |
Type | Fourplex |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
LandAmenities | Golf Nearby, Marina, Park, Schools |
LandscapeFeatures | Landscaped |
Sewer | Sanitary Sewer |
SizeDepth | 96 Ft |
SizeFrontage | 40 Ft |
SizeIrregular | 40 X 96 Ft |
SizeTotalText | 40 X 96 Ft |
ZoningDescription | D A4b |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Basement | Other | 7.92 m | 3.35 m | 7.92 m x 3.35 m |
Basement | Other | 7.92 m | 3.96 m | 7.92 m x 3.96 m |
Lower Level | Bedroom | 3.51 m | 2.82 m | 3.51 m x 2.82 m |
Lower Level | Bedroom | 4.52 m | 2.87 m | 4.52 m x 2.87 m |
Lower Level | Living Room | 6.1 m | 4.27 m | 6.1 m x 4.27 m |
Lower Level | Kitchen | 3.3 m | 2.01 m | 3.3 m x 2.01 m |
Lower Level | Bedroom 2 | 2.9 m | 2.74 m | 2.9 m x 2.74 m |
Lower Level | Bathroom | 1.35 m | 4.27 m | 1.35 m x 4.27 m |
Lower Level | Living Room | 4.22 m | 4.42 m | 4.22 m x 4.42 m |
Lower Level | Kitchen | 3.45 m | 3.1 m | 3.45 m x 3.1 m |
Lower Level | Bathroom | 2.13 m | 1.52 m | 2.13 m x 1.52 m |
Upper Level | Laundry Room | 3.35 m | 1.42 m | 3.35 m x 1.42 m |
Upper Level | Bedroom | 3.51 m | 2.82 m | 3.51 m x 2.82 m |
Upper Level | Bedroom 2 | 2.9 m | 2.74 m | 2.9 m x 2.74 m |
Upper Level | Living Room | 4.22 m | 4.42 m | 4.22 m x 4.42 m |
Upper Level | Kitchen | 3.45 m | 3.1 m | 3.45 m x 3.1 m |
Upper Level | Bathroom | 2.13 m | 1.52 m | 2.13 m x 1.52 m |
Upper Level | Bedroom | 4.04 m | 3 m | 4.04 m x 3 m |
Upper Level | Bedroom 2 | 3.33 m | 3.33 m | 3.33 m x 3.33 m |
Upper Level | Living Room | 4.27 m | 4.06 m | 4.27 m x 4.06 m |
Upper Level | Kitchen | 3.56 m | 3.35 m | 3.56 m x 3.35 m |
Upper Level | Bathroom | 2.21 m | 1.52 m | 2.21 m x 1.52 m |
Cable | Installed |
Electricity | Installed |
Sewer | Installed |
https://www.realtor.ca/real-estate/28805788/243-alder-street-w-haldimand-dunnville-dunnville
Frank Leo
Broker
Haidar Al-Maroof
Salesperson