John DiRenzo, Sales Representative • Phone: 1-800-901-6905 • https://www.homechannel.ca RE/MAX Centre City John DiRenzo Team Brokerage

151 Elm Street, West Lorne Ontario

151 Elm Street, West Lorne Ontario

Brokered by: RE/MAX CENTRE CITY JOHN DIRENZO TEAM BROKERAGE

MLS® ID 40256041

$275,000.00 For Sale | Residential Income

FOR SALE
Type: Residential Income 
Property Type: Multi-3 Unit
MLS® District: West Elgin / West Lorne
County: Elgin
Postal Code: N0L 2P0
Year Built: 1910
New Construction Y/N:  No
Stories Total: 1.5
Bedrooms Total:  7
Number Of Units Total:  3


 
Cross Street: Graham Rd.
Directions: 151 Elm St. from Hwy ## 401 head south on Graham Rd. Turn left on Elm St.
Interior Features: Other
Appliances:  Refrigerator,Stove
Inclusions:  None
Lot Depth:  61
Lot Size: 61 x 60.01 60.01  Fronting: North
Lot Features:  Urban,Square,Major Highway,Rec./Community Centre,Schools,Shopping Nearby
Acres Range:  < 0.5
Restrictions:  Municipal
Topography:  Flat

Parking Features:  Gravel
Driveway Parking:  Private Drive Single Wide
Parking Total:  4
Open Parking Y/N:  true
Open Parking Spaces:  4

Building Area Total Aprx.:  2000 Square Feet
Finished SqFt Aprx. (Above Grade):  2000 Square Feet
Laundry Features:  In Basement
Exterior: Aluminum Siding
Roof:  Shingle
Basement:  Partial,Unfinished
Security Features:  None
Sewer:  Sewer (Municipal)
Water:  Municipal
Pool Features:  None
Heating:  Forced Air,Natural Gas
Heating Expenses:  1400
Cooling:  None
Fireplace Y/N:  false
Net Income:  26400
WaterFront Y/N:  No
Winterized:  Fully Winterized
Foundation Details:  Block
Insurance Expense:  3700
Road Surface Type:  Paved
Road Frontage Type:  Municipal Road
Rented Equipment:  Hot water heater
Expenses:  Estimated
Utilities Expense:  1730


Remarks: Great opportunity to purchase your first rental property or add to your portfolio. This triplex is fully rented with long term tenants that want to stay. Unit A has 3 bedrooms and access to basement rented for $820/monthly. Units B and C are both 2 bedroom units rented for $690 monthly. Landlord pays all utilities. Close to Hwy ##401, shopping, schools, and other amenities.


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151 Elm Street, West Lorne ON N0L 2P0 | MLS ID® 40256041
For More Information or Schedule a Showing, send John a Message or Call 1-800-901-6905
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage


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