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66 Albert St Clinton, Ontario N0M 1L0

24 Bedroom 12 Bathroom 10500 sqft
None Baseboard Heaters

$1,450,000

Twelve plex purpose built apartment building; built in 1987; new roof in 2008; approx 10,500 sq. ft. with 14 parking spaces; extensive up to date firecode work completed in 2005. Each unit is a 2 bedroom, 1 bath. Current cap rate shows about 7.5% at shown expenses and asking price. The property includes 12 fridges, 12 stoves, 3 electric hot water heaters owned. It is located on main Street, Clinton 1 1/2 blocks north of the main lights in the centre of that block more or less. And it is central to all town amenities. A 37 year old purpose built 12 plex with great income potential. Cost per unit is just under $121,000. (id:51300)

Property Details

MLS® Number 40593055
Property Type Multi-family
AmenitiesNearBy Place Of Worship, Playground, Schools
CommunityFeatures High Traffic Area, Community Centre
ParkingSpaceTotal 14

Building

BathroomTotal 12
BedroomsTotal 24
BasementType None
ConstructedDate 1987
CoolingType None
ExteriorFinish Brick, Brick Veneer
FoundationType Poured Concrete
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 3
SizeInterior 10500 Sqft
UtilityWater Municipal Water

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Place Of Worship, Playground, Schools
Sewer Municipal Sewage System
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription C4-7

https://www.realtor.ca/real-estate/26926264/66-albert-st-clinton

Robert Hulley
Salesperson


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