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

    Est payment $3,933/mo
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    Views   7
    Time on Jump  70 day

    AI Summary *

    • 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

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    3874 Champlain Road
    Clarence-Rockland , Ontario
    $819,000
    Get more info