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Approx. 7.1 % return. Hard to find that these days. Looking for an investment opportunity then this may be a fit. Well maintained (4) plex within short walking distance to the Walkerton downtown. Unit (2) a 2 bedroom unit is presently empty if buyer wants to live in unit and have tenants pay the mortgage. On Financials I have estimated the market rent for this unit. Short walks to parks and Saugeen river. Good sized units for tenants...3- 2 bedroom units and 1- 1 bedroom unit. No grass cutting or snow removal costs. Over a 7.0 % return. 2 units have been fully renovated since 2018 plus many more exterior updates like steel siding on the rear and a metal roof make the building easy to look after for a arms length new owner. Very good upside potential for rent growth in the future. (id:24093)
Listed by WAYNE LEIBOLD of PEAK EDGE REALTY LTD.,Brokerage

Property Details of 10 Durham Street West

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"Based on information submitted to CREA as of February 7, 2023 . 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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