1144 North Street Dresden, Ontario N0P 1M0
$799,900
Attention Investors. One floor purpose built 7 unit building in excellent condition on a 1.87 acre premium lot with potential for further future development on the property. There are 5 2 bedroom units and 2 3 bed units. Fully rented (some long term tenants). All tenants on month-to-month tenancy. Tenants pay hydro & heat. (All units separately metered). No fridges or stoves included with rent. There is a common laundry area with one coin operated washer and dryer. Each unit has 2 parking spaces with ample visitor parking available. Roof approx. 8 years, all windows replaced & most front and rear doors replaced. All concrete walkways replaced. Many improvements in each unit. Total annual gross income: 59,685.36. Annual Building Insurance: 7,811. Annual taxes: 12,684.57.Total Annual Expenses: 25,895.57. Utilities: 5,400. (Water, sewage & common area hydro) Net Income: 33,789.79 (id:40793)
Property Details
| MLS® Number | 25003099 |
| Property Type | Multi-family |
Building
| Amenities | Laundry Facility, Shopping Area |
| Constructed Date | 1967 |
| Exterior Finish | Brick |
| Flooring Type | Carpeted, Cushion/lino/vinyl |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Radiant Heat |
| Stories Total | 1 |
| Type | Multi-family |
Parking
| Other | 18 |
Land
| Acreage | Yes |
| Size Total Text | 1 - 3 Acres |
| Zoning Description | Rh1 |
https://www.realtor.ca/real-estate/27924668/1144-north-street-dresden
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 18 2025 06:14:21
Chatham Kent Association of REALTORS®
Royal LePage Peifer Realty Brokerage