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A lucrative investment opportunity awaits with this newer fourplex built in 2024 & currently netting $97,170 per year. Low maintenance requirements, minimal property taxes & all-newer appliances kept expenses to a minimum, ensuring maximum profitability. Each unit measures approx. 1000 sq. ft. & includes a modern 4-piece bathroom, spacious kitchen with island, oversized bonus room, laundry closet & rear cement patio. Adding both convenience & value is an attached garage, finished & heated. All these features combine to provide an enjoyable living experience & capitalize on the demand for quality rental properties. Additionally, all units have signed leases & are plus utilities. The buildings central location within southwestern Ontario provides access to numerous markets like London, Strathroy, Sarnia and Chatham. With its contemporary design & thoughtful amenities, this property promises not only a steady stream of income but also long-term value appreciation.
4 Fridges, 4 Stove, 4 Dishwashers, & 4 Washer/ Dryer combo units
City: Brooke-Alvinston
Neighborhood: Brooke Alvinston
Purchase Price | $1550000 |
Down Payment | $310000 |
Mortgage Insurance | $0 |
Total Mortgage | $1240000 |
Mortgage Payment | $7641 |
Property Taxes | $729 |
Maintenance Fees | $0 |
Monthly Payment | $8370 |
Located at 3250 River St , this Brooke-Alvinston house is available for sale. This property was listed for $1,550,000 on Mon Apr 28 2025. This house's size is 700-1100 Sqft. It has 1 bedroom and 1 bathroom. The property includes the following rooms: Living, Kitchen, Dining, Primary, Office. This property comes with 2 parking spots. 3250 River St, Brooke-Alvinston is situated in the Brooke Alvinston neighbourhood.
MLS#: X12108437 · $1,550,000 · 1 bedroom house in Brooke Alvinston, Brooke-Alvinston