EXP REALTY

$1,449,000

2047 MAIN STREET S, Haldimand, Ontario

10 Bedrooms

6 Bathrooms

5000 Sqft

Property

MLS® Number: X11959149

Address: 2047 MAIN STREET S

City: Haldimand

Exterior: Steel

Utilities

Heating: Radiant Heat, Natural Gas

Parking

Parking Spaces: 10

**Prime Investment Opportunity Purpose-Built 6-Unit Apartment Building in Jarvis!** An outstanding multiplex investment offering stable rental income, with all units currently occupied. This well-maintained brick and concrete construction with metal siding features four spacious two-bedroom units and two one-bedroom units, each separately metered. Recent upgrades enhance long-term value, including a newer pump (2024), windows (2023-2024), boiler and furnace (2018), resurfaced roof (2017), and updated siding (2019). This income-generating property produces a gross total income of $115,360 per year, with total expenses of $17,820 and a strong 6.7% CAP rate. Tenant storage lockers and ample parking add further value. Situated in a growing community just 35 minutes from HWY 403/Hamilton, this property offers long-term appreciation with potential upside and the ability to increase rents to market value over time. Don't miss this incredible investment opportunity! (id:52316)

Property Sale History

Travel and Neighbourhood

Car-Dependent

Location

Michael Wotherspoon
Michael Wotherspoon

Sales Representative

RE/MAX Escarpment

Contact Michael Wotherspoon