243 Alder Street W Pending

Dunnville,ON N1A 2W4

$ 500000

3 Beds

3 Baths

2924 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-4 Unit

Listing Status Pending

Purchase Type For Sale

Square Footage 2,924 sqft

Price per Sqft $170

MLS Listing ID 40765176

Bedrooms 3

Year Built 1915

Annual Tax Amount $2,909

Property Sub-Type Multi-4 Unit

Property Description

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.

Location

Province ON

County Haldimand

Area Dunnville

Zoning D A4B

Rooms

Kitchen 0

Interior

Heating Natural Gas,Wall Furnace

Cooling None

Laundry In-Suite

Exterior

Exterior Feature Landscaped,Private Entrance

Roof Type Asphalt Shing

Building

Lot Description Rectangular,Near Golf Course,Hospital,Marina,Park,Schools

Story 2

Foundation Concrete Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

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