For Sale - 3874 Champlain Road, Clarence-Rockland, Ontario

Est payment $3,933/mo
Views   4
Time on Jump  17 day
  • Well-maintained 7-unit multi-residential property on nearly 0.7 acres.
  • All units are currently tenanted for stable income generation.
  • Extensive updates include a new roof and modernized systems.
  • Features six storage lockers for tenant use and convenience.
  • Strong investment potential with opportunities for rental revenue growth.



Welcome to 3874 champlain street. 6. 8% cap! This well-maintained 7-unit multi-residential property on 0. 648 acres of land offers a strong investment opportunity with stable income and long-term potential and is offered at only $117,000/unit. The building consists of six (6) 2-bedroom units and one (1) 3-bedroom unit, all currently tenanted. Extensive updates have been completed, including a new roof (2023) and siding, updated plumbing and electrical systems, upgraded septic system (2012), and the installation of a new boiler along with tankless hot water systems. The property features a large timber frame foundation and operates on a single hydro meter. Gas & water one meter. Six (6) storage lockers are included for tenant use. This offering presents a solid income-generating asset and is well-suited for investors seeking a turnkey, fully leased multi-unit property. Opportunity exists to increase revenues and further enhance returns through rental optimization!
Listing IDX13050710
Address3874 Champlain Road
CityClarence-Rockland, Ontario
Price$819,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Gas Forced Air Open
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Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY

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3874 Champlain Road
Clarence-Rockland , Ontario
$819,000
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