9 West Road, Huntsville, ON Image 1

$1,179,900

Multiplex For Sale
MLS - #X12006602
4 days ago- By RE/MAX Professionals North

9 West Road, Huntsville, ON P1H 1K9

4 Bed
4 Bath
1500-2000 Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

N/A

Style

2-Storey

Approx. Area

1500-2000 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Bedroom2.47 x 3.26 mN/AMain
Kitchen3.08 x 1.83 mN/AMain
Living Room3.6 x 2.9 mN/AMain
Bedroom2.47 x 3.26 mN/AMain

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

Basement:Partial Basement, Partially Finished
Cooling:None
Heating:Radiant
Parking Features:Front Yard Parking
0
Similar Homes Found
$0
Average Price
117990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 9 West Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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