405 MAIN STREET S, Guelph/Eramosa (Rockwood) NEW LISTING

Brokered by: Royal LePage Royal City Realty

MLS®: X13656344 ()

Price: $1,299,000.00

Address: 405 MAIN STREET S, Guelph/Eramosa (Rockwood)
FOR SALE
Postal Code: N0B2K0
Style:  Bungalow
Type: Multi-family Fourplex
Bedrooms: 6
Bathrooms: 4
Bedrooms Aboveground:  6
Parking:  No Garage
Garage: No Garage
Lot Size (Approximate):   84 ft ,1 in x 11212 ft
Property Size (Approximate):  84.1 x 11212 FT
Stories:  1


About 405 Main Street S

Turnkey Investment Opportunity in Rockwood - Strong Cash Flow & Reliable TenantsA rare, exceptionally well-maintained brick fourplex located in the highly desirable community of Rockwood. This property represents a stable, cash-flowing addition to any portfolio, showing positive returns with 20% down.The building features a strong tenant profile with cooperative, long-term occupants who consistently pay on time. The physical asset has been meticulously maintained, minimizing near-term capital expenditure. Unit 1-a spacious, bright 2-bedroom, 1-bathroom unit-is currently vacant and listed for rent at $2,200/month. This presents an immediate opportunity for an investor to secure market-rent cash flow or for an owner-occupant to move in and let the remaining three units cover the mortgage.Situated on Main Street South, the property offers excellent visibility, ample parking for tenants, and easy access to local amenities, parks, Guelph, and the GTA commuter routes. Steady local rental demand makes this a highly resilient asset. Clean, solid, and professionally run. Financial details, utility breakdowns, and rent roll are available upon request. (id:56071). Get more information on 405 Main Street S

Property Features

Appliances:  Dryer, Stove, Washer, Refrigerator
Features:  Carpet Free
Rental Equipment:  
Directions:  Cross Streets: Alma Street & Main Street South. ** Directions: Heading east on Highway 7/Main Street South, the property will be on your right.
Interior Size (Approximate):  1500 - 2000 sqft
Amenities:  Separate Heating Controls
Lot (Approximate):  84.1 x 11212 FT 84.1 x 11212 FT
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate): 
Foundation: Block
Basement:  N/A (Finished), Full, N/A Finished

Rooms & Sizes

(Approximate)

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.