304 Jackson Street S Walkerton, Ontario N0G 2V0

$769,000

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:43978)

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https://www.realtor.ca/real-estate/24886559/304-jackson-street-s-walkerton