12-unit multifamily asset in central Clinton with a strong in-place NOI and clear value-add upside. Currently 75% occupied, with 3 vacant units ready to renovate and lease at market. Rents are below market, allowing for a mark-to-market lift of over 20%. Professionally managed, separately metered, and offering surface parking. Building is well-maintained with select unit renovations already complete. A low-maintenance, high-potential acquisition with immediate room for increased cash flow and long-term hold upside. Financials available. (id:61594)
| MLS® Number | X12105724 |
| Property Type | Multi-family |
| Parking Space Total | 15 |
| Bathroom Total | 12 |
| Bedrooms Above Ground | 24 |
| Bedrooms Total | 24 |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Type | Baseboard Heaters |
| Type | Other |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 129 Ft |
| Size Frontage | 86 Ft |
| Size Irregular | 86 X 129 Ft |
| Size Total Text | 86 X 129 Ft |
https://www.realtor.ca/real-estate/28219106/65-princess-street-w-central-huron
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