Blog by Dale Group Realty Corp., Brokerage

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66 Albert Street, Clinton, Ontario

I just finished uploading this Multi-Unit Residential for sale, 66 Albert Street, Clinton, Ontario

Purpose built 12 plex (built 1987) in excellent condition with excellent tenants. 12 refurbished units on 3 stories and a total of 10,500 sq ft. Includes 12 fridges and 12 stoves, 2 water heaters. Extensive fire code work completed in 2005 and updated in 2009. Environmental Phase 1 completed and available. About 1/2 the units have been switched to net lease/rent and all units are on separate meters. No vacancies. Priced at about 7% cap rate. This is a must consider building for the investor who wants peace of mind investing. Some of the recent upgrades: new entrance doors, new Energy Star windows whole building, new smart electric apartment meters, common area repainted, all common areas lighting upgraded, parking lot relined and sealed, new toilets, new programmable thermostats.