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66 Albert St, Clinton, ON | MLS 40593055: For Sale

Clinton Real Estate Listings - (More Listings)
66 Albert St, Clinton, ON | MLS 40593055: For Sale

Brokered by: Royal LePage Heartland Realty (Clinton) Brokerage

MLS® ID 40593055

$1,450,000.00 FOR SALE

Community: Clinton / Postal Code: N0M1L0
Style/Type:  Multi-family
Ownership Type: Freehold
Foundation:  Poured Concrete / Garage Type:  
Bedrooms:  24 / Bathrooms:  12 / 0
Age:   / Property Size:  
Exterior Finish:  Brick, Brick Veneer
Flooring:  
Water:  Municipal water, Municipal sewage system
Heating / Cooling:  Electric / None


     

Description: Twelve plex purpose built apartment building; built in 1987; new roof in 2008; approx 10,500 sq. ft. with 14 parking spaces; extensive up to date firecode work completed in 2005. Each unit is a 2 bedroom, 1 bath. Current cap rate shows about 7.5% at shown expenses and asking price. The property includes 12 fridges, 12 stoves, 3 electric hot water heaters owned. It is located on main Street, Clinton 1 1/2 blocks north of the main lights in the centre of that block more or less. And it is central to all town amenities. A 37 year old purpose built 12 plex with great income potential. Cost per unit is just under $121,000. (id:56071)
Appliances:  
Features:  
Rental Equipment:  
Fireplace:  
Directions:  N of lights on Albert St (Hwy No.4) to 2nd block and property on west side in centre of block, but with street frontage.
Rooms & Sizes
     

Contact Us!

66 ALBERT ST - MLS ID® 40593055
For More Information or Schedule a Showing, send us a message or Call 519-857-3490
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage

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