132 Main Street Ailsa Craig, Ontario N0M 1A0
$449,900
INVESTMENT OPPORTUNITY. Fourplex --Four 1 Bedroom, 1 Bathroom Units.- 3 units month to month. All brick building with vinyl siding. Hands off, easy investment in the booming, growing small town of Ailsa Craig with more than 300 new homes set to build within a few years - already started. Zoning allows commercial uses as well. Current rents are as follows: Unit 1 - $699.26, Unit 2 - $1200 plus utilities (leased for 1 year) Unit 3 - $549.77, Unit 4 - $674.00. (long term tenants - under paying except Unit 2 - newly rented) Tenants pay gas and hydro. Taxes are only approx. $3000/year. With some work - this could be an excellent income property. (id:51356)
Property Details
| MLS® Number | 40408497 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Playground, Shopping |
| Community Features | Community Centre, School Bus |
| Equipment Type | None |
| Features | Corner Site |
| Parking Space Total | 4 |
| Rental Equipment Type | None |
| Structure | Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1890 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2000 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 114 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 0.158 |
| Size Total | 0.158 Ac|under 1/2 Acre |
| Size Total Text | 0.158 Ac|under 1/2 Acre |
| Zoning Description | C1 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25507652/132-main-street-ailsa-craig
Interested?
Contact us for more information
Denette Michelle Newham
Salesperson
159 Main Street
Lucan, Ontario N0M 2J0
(519) 227-4884
firstcandian.c21.ca
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®)
May 31 2023 10:20:01
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp., Brokerage
