$2,170,000
65 Princess Street, Central Huron, ON N0M 1L0
, Central Huron,
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TRREB.
12-unit multifamily asset in central Clinton with a strong in-place NOI and clear value-add upside. Currently 75% occupied, with 3 vacant units ready to renovate and lease at market. Rents are below market, allowing for a mark-to-market lift of over 20%. Professionally managed, separately metered, and offering surface parking. Building is well-maintained with select unit renovations already complete. A low-maintenance, high-potential acquisition with immediate room for increased cash flow and long-term hold upside. Financials available. Buyer to do own due diligence.
- Architectural Style: Other
- Property Type: Residential Freehold
- Property Sub Type: Multiplex
- DirectionFaces: North
- Directions: Albert St and Princess St
- Tax Year: 2024
- Parking Features: Available
- ParkingSpaces: 15
- Parking Total: 15
- WashroomsType1: 12
- BedroomsAboveGrade: 24
- Interior Features: Other
- HeatSource: Other
- HeatType: Baseboard
- ConstructionMaterials: Brick
- Roof: Membrane
- Sewer: Sewer
- Foundation Details: Concrete Block, Block
- Parcel Number: 411650026
- LotSizeUnits: Feet
- LotDepth: 129
- LotWidth: 86
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