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. (id:61594)
| MLS® Number | 40765176 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Hospital, Marina, Park, Schools |
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1915 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 3,564 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| None |
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Marina, Park, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 96 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | D A4b |
https://www.realtor.ca/real-estate/28804962/243-alder-street-w-dunnville
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