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GARRY BASSAN

buysellgarrybassan@gmail.com +1(647) 285-5790

$ 1,550,000

Est. payment -/mo

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3250 River ST Brooke-alvinston, ON N0N 1A0

1 Bed

1 Bath

UPDATED:

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

Listed by RE/MAX Sarnia Realty Inc

GARRY BASSAN

Sales Representative | License ID: 5006208

+1(647) 285-5790

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