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12-unit multifamily asset in central Clinton with a strong in-place NOI and clear value-add upside. Currently 75% occupied, with 3 vacant units ready to renovate and lease at market. Rents are below market, allowing for a mark-to-market lift of over 20%. Professionally managed, separately metered, and offering surface parking. Building is well-maintained with select unit renovations already complete. A low-maintenance, high-potential acquisition with immediate room for increased cash flow and long-term hold upside. Financials available. Buyer to do own due diligence.
City: Central Huron
Purchase Price | $2170000 |
Down Payment | $434000 |
Mortgage Insurance | $0 |
Total Mortgage | $1736000 |
Mortgage Payment | $10698 |
Property Taxes | $904 |
Maintenance Fees | $0 |
Monthly Payment | $11601 |
Located at 65 Princess St W , this Central Huron house is available for sale. This property was listed for $2,170,000 on Fri Apr 25 2025. This house's size is < 700 Sqft. It has 24 bedrooms and 12 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 15 parking spots.
MLS#: X12105724 · $2,170,000 · 24 bedroom house in Central Huron