304 JACKSON Street S

Single Family For Sale in Walkerton, Ontario

$769,000
  • 12 Beds
  • 7 Baths
  • 4,748 Sq. Ft.

Great opportunity for the wise investor! This well maintained 7-Plex in the heart of Walkerton is an instant profit producer. With its amazing curb appeal and proximity to downtown, it's ideal for tenants. This property consists of 3 one bedroom units, 3 two bedroom units and 1 very large three bedroom unit. All apartments are very spacious with good sized kitchens and bathrooms. Three of the residences have their own exterior entrances and outdoor spaces, while the others have private balconies. Each individual apartment has its own desirable aspects and details that offer unique appeal and probability to capitalize on with time. Five of the units have separate gas furnaces with individual gas meters, while the other two have baseboard heat. There is opportunity to increase profits over time as all 7 units are on separate hydro meters. The present property owner currently pays all utilities. All units are fully rented and all tenants are interested in staying. All rents are up to date and none have been in arrears. Approved increases have been introduced annually. This property will not qualify for Residential Financing as the banks deem it as Commercial. Seller would consider a vendor take-back mortgage to a qualified buyer. (id:4069)
Address 304 JACKSON Street S
List Price $769,000
Property Type Single Family
Type of Dwelling House
Style of Home 3 Level
Area Ontario
Sub-Area Walkerton
Bedrooms 12
Bathrooms 7
Floor Area 4,748 Sq. Ft.
Lot Size 0.229 Sq. Ft.
MLS® Number 40316899
Listing Brokerage ROYAL LEPAGE RCR REALTY Brokerage (OS)
Basement Area Partial (Partially finished)
Postal Code N0G2V0
Zoning R1
Site Influences Park, Place of Worship
Features Park/reserve, Crushed stone driveway, Sump Pump

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Dan & Laura Cross

Royal Lepage RCR

900 10th Street West Owen Sound ON N4K 5R9

Mobile: (519) 317-9686

Office: (519) 376-9212

Toll Free: Dan - (519) 378-4733

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