19322 Charing Cross Road, Cedar Springs, Ontario N0P 1E0 (22591342)


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19322 Charing Cross Road Cedar Springs, Ontario N0P 1E0

Baseboard Heaters, Boiler, Furnace

$470,000

Excellent Income Property, Turn-Key Investment Opportunity in Well Maintained 4 Plex, Total Living Area 4686 Sq. Ft, Expect Min Annual Returns of Over 40%, Low Common Area Expenses, Two Units Recently Fully Renovated Spent over $50,000.00, 4 Plex Features Spacious One Unit of 3 Br & Three Units of 2 Br plus Plenty of Storage Area, Expected Gross Income $43,500, Common Area Annual Gross Expenses $8880, Expected Monthly Positive Cashflow after Mortgage is $1200, All Tenants Pay Hydro, Rentals (Unit 1 - $608 Long term, Unit 2 - $1000, Unit 3 - $1200, Unit 4 - $817 Long Term) Choose your own Tenant for Unit 2 & 3, Unit 3 & 4 Have On-Suite Laundry, Ample Parking, Backs on Ravine, Great Location, Mins to Chatham/Blenheim, Sellers are REA, Please Allow Min 24 hrs. for Showings, Follow COVID-19 Protocol, Show & Sell, Add This Beauty to your Investment Portfolio, Offers anytime but this wont last long! Hurry Up!! Great Opportunity Dont Miss Out!! Financials provided by owner. (id:29438)

Property Details

MLS® Number 20015271
Property Type Multi-family

Building

Exterior Finish Aluminum/vinyl, Brick
Fireplace Present No
Flooring Type Carpeted, Laminate, Mixed Flooring
Foundation Type Block, Concrete
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Boiler, Furnace
Stories Total 2
Type Fourplex

Parking

Other 6

Land

Acreage No
Sewer Septic System
Size Irregular 58 X 260
Size Total Text 58 X 260
Zoning Description Res

https://www.realtor.ca/real-estate/22591342/19322-charing-cross-road-cedar-springs

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