Listed by The Agency Real Estate.

412 Ross Street is a Multiplex, Other and is currently for Sale @ $3,600,000. Taxes in 2024 were $35,742.00.

More homes for sale under 3.6M in Huron-Kinloss

20 Units plus 12 storage units with Net Operating Income of 214,973. The Other on 412 Ross Street has 0 bedrooms, 0 bathrooms, and is located on a 0.00 x 0.00 ft loton 2-4.99 acres in the community of Huron-Kinloss .33. This outstanding turnkey operation comprises three buildings, featuring a total of 20 individual dwellings, including 16 two-bedroom units and 4 one-bedroom units. Additionally, there are 12 individual storage units available. What sets this property apart is its inclusion of a dedicated laundry facility and maintenance shed, as well as ample space and approval for future development possibilities of 16 more units! All units are designed for convenience, offering main floor exterior access to each dwelling. This design not only attracts long-term residents but also provides a hassle-free living experience. The buildings are constructed with sturdy all-brick exteriors and durable asphalt shingled roofs, making them an ideal choice for investors seeking to minimize maintenance and repair costs. There is also a promising opportunity to increase revenue through tenant turnover and by introducing pay-per-use laundry facilities. This aesthetically pleasing apartment complex is certain to leave a lasting impression on potential investors.

The address 412 Ross Street was listed for sale (MLS# X8332224) on Monday, May 13, 2024.