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243 Alder Street W Dunnville, ON N1A 2W4
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Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,924 sqft
Price per Sqft $170
MLS Listing ID 40765176
Bedrooms 3
Year Built 1915
Annual Tax Amount $2,909
Property Sub-Type Multi-4 Unit
Property Description
Well-maintained brick legal 4-plex investment corner lot property featuring three spacious 2-bedroom units and one 1-bedroom unit. Current leases on three units generate a solid 6% cap rate, with additional upside once the vacant 2-bedroom unit is leased. Each apartment offers two private entrances and separate hydro meters. The property is attractively landscaped and situated in a quiet, desirable neighborhood.
Location
Province ON
County Haldimand
Area Dunnville
Zoning D A4B
Rooms
Kitchen 0
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Laundry In-Suite
Exterior
Exterior Feature Landscaped, Private Entrance
Roof Type Asphalt Shing
Building
Lot Description Rectangular, Near Golf Course, Hospital, Marina, Park, Schools
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
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