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Brooke-alvinston,ON N0N 1A0
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Brooke Alvinston
MLS Listing ID X12108437
Style Bungalow
Bedrooms 1
Building Age 0-5
Annual Tax Amount $8,750
Tax Year 2024
Property Sub-Type Fourplex
Property Description
A lucrative investment opportunity awaits with this newer fourplex built in 2024 & currently netting $97,170 per year. Low maintenance requirements, minimal property taxes & all-newer appliances kept expenses to a minimum, ensuring maximum profitability. Each unit measures approx. 1000 sq. ft. & includes a modern 4-piece bathroom, spacious kitchen with island, oversized bonus room, laundry closet & rear cement patio. Adding both convenience & value is an attached garage, finished & heated. All these features combine to provide an enjoyable living experience & capitalize on the demand for quality rental properties. Additionally, all units have signed leases & are plus utilities. The buildings central location within southwestern Ontario provides access to numerous markets like London, Strathroy, Sarnia and Chatham. With its contemporary design & thoughtful amenities, this property promises not only a steady stream of income but also long-term value appreciation.
Location
Province ON
County Lambton
Community Brooke Alvinston
Area Lambton
Zoning R3 (3)
Rooms
Family Room Yes
Basement None
Kitchen 1
Interior
Interior Features Air Exchanger,Auto Garage Door Remote,Storage
Cooling Wall Unit(s)
Inclusions 4 Fridges, 4 Stove, 4 Dishwashers, & 4 Washer/ Dryer combo units
Exterior
Exterior Feature Patio
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Metal
Lot Frontage 125.0
Lot Depth 134.0
Total Parking Spaces 2
Building
Foundation Concrete
Others
Senior Community Yes
Security Features Carbon Monoxide Detectors,Smoke Detector