$1,179,900 $6,334 est/mo Sourced by Back At You

8 Wellington St,Clarington, ON L1C 1V2

Clarington ON, L1C 1V2

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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 TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site138
Listing Provided ByROYAL SERVICE REAL ESTATE INC. | BackAtYou

Features

Bath(s)5
BasementY
ZoningR1-12
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 3 hours ago
ProvinceON
CountyClarington
CityClarington
Postal CodeL1C 1V2
AreaDurham
Community NameBowmanville
Listing VS Median (in Bowmanville)
Price:
$1,179,900
low | high
Med:
$0
On Site:
138
low | high
Med:
Sourced by Back At You
Listing Updated: March 11, 2024 at 1:47:37 PM PDT