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132 Main Street Ailsa Craig, Ontario N0M 1A0

4 Bedroom 4 Bathroom 2000
None Forced Air

$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:46638)

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
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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Listing Provided By

Century 21 First Canadian Corp., Brokerage