$1,179,900
9 West Road, Huntsville, ON P1H 1K9
Property Description
Property type
Multiplex
Lot size
N/A
Style
2-Storey
Approx. Area
1500-2000 Sqft
Room Information
Room Type | Dimension (length x width) | Features | Level |
---|---|---|---|
Bedroom | 2.47 x 3.26 m | N/A | Main |
Kitchen | 3.08 x 1.83 m | N/A | Main |
Living Room | 3.6 x 2.9 m | N/A | Main |
Bedroom | 2.47 x 3.26 m | N/A | Main |
About 9 West Road
Great investment opportunity! Huntsville has an excellent rental market, with a lower share of renter households compared to provincial averages. This building makes up over 1% of the purpose-built units in Huntsville! The Town is considered to have a 0% vacancy rate, a rate it has maintained for several years. Vacancy rates below 3% can drive up rents as tenants compete for fewer units. All this points to a property withan excellent ROI, only to increase with time. This four-plex is located within walking distance of downtown Huntsville. the building was completely renovated in 2012 with new plumbing, electricalsiding, roof, doors, windows, flooring, cabinetry, bathrooms and fixtures, and R60 insulation. New commercial boiler installed in July 2023. This propertyhas four one bedroom units with natural gas hot water radiators, separate Hydro panels in each apartment, modern kitchens, bathrooms and finishes. The basement has coin-operated laundry and a separate storage space for the landlord's use. Plenty of parking and nicely treed, private back and side yards for tenants to enjoy. All 4 units fully rented with excellent income.
Home Overview
Last updated
4 days ago
Virtual tour
None
Basement information
Partial Basement, Partially Finished
Building size
--
Status
In-Active
Property sub type
Multiplex
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - West Road

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