8 Wellington St , Clarington, ON L1C 1V2
Clarington, ON L1C 1V2
Description
Calling all Investors! Rarely offered Multiplex in the heart of Downtown Bowmanville walking distance to all amenities, steps to transit and 3 minutes to 401 HWY. Legal Non conforming Fourplex with additional unit, 5 separate hydro meters, 1 house meter that includes the lower unit and four individual meters for the remaining units, 5 paved designated parking spaces plus one visitor parking. Strong rental revenue with good long term tenants. Monthly rents total $6388.00 with approx 65K annual NOI. The majority of the units have been updated with new kitchens, baths etc. Excellent property to add to your existing portfolio or golden opportunity to get started in the property management/income property business. Attractive long term hold rapidly in the expanding municipality of Clarington. Very high demand for rental units in the area. Under 1 hour to downtown Toronto.
Details
| MLS# | E7395056 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 275 |
| Listing Provided By | ROYAL SERVICE REAL ESTATE INC. | BackAtYou |
Features
| Bath(s) | 5 |
|---|---|
| Basement | Y |
| Zoning | R1-12 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Clarington |
| City | Clarington |
| Postal Code | L1C 1V2 |
| Area | Durham |
| Community Name | Bowmanville |
| Listing VS Median (in Bowmanville) | |
Price: $1,179,900 low | high Med: $0 On Site: 275 low | high Med: | |
