132 Main Street Ailsa Craig, Ontario N0M 1A0
$499,900
Fourplex with NOI of $20,698. Four 1 Bedroom, 1 Bathroom units all under rented, all month to month. Rent increases through turnover should have NOI closer to $45,000! All brick building with vinyl siding. Hands off, easy investment in booming, growing small town with more than 300 new homes set to build within a few years - starting this spring. Zoning allows commercial uses as well. Current rents are as follows: Unit 1 - $682.09, Unit 2 - $536.36, Unit 3 - $617.32, Unit 4 - $566.72 (id:41806)
Property Details
| MLS® Number | 40351678 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Playground, Shopping |
| Community Features | Community Centre, School Bus |
| Equipment Type | None |
| Features | Corner Site |
| Parking Space Total | 4 |
| Rental Equipment Type | None |
| Structure | Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1890 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | None |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2000 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 114 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 0.158 |
| Size Total | 0.158 Ac|under 1/2 Acre |
| Size Total Text | 0.158 Ac|under 1/2 Acre |
| Zoning Description | C1 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25084204/132-main-street-ailsa-craig
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London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp., Brokerage
November 21 2022 05:59:46
