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Great opportunity for the wise investor! This well maintained 7-Plex in the heart of Walkerton is an instant profit producer. With its amazing curb appeal and proximity to downtown, it's ideal for tenants. This property consists of 3 one bedroom units, 3 two bedroom units and 1 very large three bedroom unit. All apartments are very spacious with good sized kitchens and bathrooms. Three of the residences have their own exterior entrances and outdoor spaces, while the others have private balconies. Each individual apartment has its own desirable aspects and details that offer unique appeal and probability to capitalize on with time. Five of the units have separate gas furnaces with individual gas meters, while the other two have baseboard heat. There is opportunity to increase profits over time as all 7 units are on separate hydro meters. The present property owner currently pays all utilities. All units are fully rented and all tenants are interested in staying. All rents are up to date and none have been in arrears. Approved increases have been introduced annually. This property will not qualify for Residential Financing as the banks deem it as Commercial. Seller would consider a vendor take-back mortgage to a qualified buyer. (id:24093)
Listed by DANIEL CROSS and LAURA CROSS of ROYAL LEPAGE RCR REALTY Brokerage (OS)

Property Details of 304 Jackson Street South

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"Based on information submitted to CREA as of October 2, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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