17 Bathroom
1 Acres
Fully Air Conditioned
Forced Air
Acreage
$1,675,000
Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washer/dryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property. (id:50976)
Property Details
|
MLS® Number
|
X14119516 |
|
Property Type
|
Multi-family |
|
Community Name
|
Ridgetown |
Building
|
Bathroom Total
|
17 |
|
Appliances
|
Dryer, Washer |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1 Acres |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
Yes |
|
Size Depth
|
355 Ft |
|
Size Frontage
|
119 Ft ,5 In |
|
Size Irregular
|
1.188 |
|
Size Total
|
1.188 Ac |
|
Size Total Text
|
1.188 Ac |
|
Zoning Description
|
Rm2-481 |
https://www.realtor.ca/real-estate/30447152/77-erie-street-s-chatham-kent-ridgetown-ridgetown
