ADAM MILLS REALTY TEAM

1 John Street South Dundas, Ontario K0E 1K0

14 Bedroom 6 Bathroom 3,500 - 5,000 ft2
None Baseboard Heaters

$675,000

Prime Investment Opportunity: Solid Fully Occupied 6-Unit Multi-Residential Building in Central Iroquois. Discover a rare, "set-and-forget" addition to your real estate portfolio. This well-maintained 6-plex offers the perfect blend of structural integrity, reliable income, and a location that ensures perpetual demand. Constructed with longevity in mind, this solid building has been well cared for, offering peace of mind to the savvy investor. The unit mix is highly desirable for the local rental market with 5 Spacious 2-Bedroom Apartments and 1 Cozy 1-Bedroom Apartment. This property is designed for maximum efficiency and low landlord overhead with tenant-paid utilities: Units are equipped with separate hydro and water meters. Tenants pay their own usage, leaving the landlord responsible only for common area utilities. Proven Track Record: Fully occupied by excellent, long-term tenants who treat the building with respect. This property boasts an excellent history of very low vacancy. Additional Revenue: On-site shared coin-operated laundry facilities provide both a necessary amenity for tenants and a secondary income stream for the owner. Ample Parking: Includes 8 dedicated parking spaces, a premium feature for a multi-unit building. Situated in the heart of Iroquois, tenants enjoy walking distance to all essential amenities, including shopping, local dining, and schools. Just minutes from the scenic Iroquois Beach and the prestigious Iroquois Golf Club. Commuter friendly with quick and easy access to the Highway 401, making it an ideal location for those working in neighbouring hubs like Cornwall, Brockville, or Ottawa. With separate metering, a solid structure, and a reliable tenant base already in place, this building represents a secure vehicle for wealth appreciation and consistent cash flow with lots of potential to substantially increase income. 24 hours notice required for showings. Book your private viewing today! (id:49712)

Property Details

MLS® Number X12704854
Property Type Multi-family
Community Name 702 - Iroquois
Amenities Near By Schools, Beach
Community Features School Bus
Parking Space Total 8

Building

Bathroom Total 6
Bedrooms Above Ground 11
Bedrooms Below Ground 3
Bedrooms Total 14
Age 31 To 50 Years
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Water Heater
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 3
Size Interior 3,500 - 5,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Schools, Beach
Sewer Sanitary Sewer
Size Depth 140 Ft
Size Frontage 102 Ft ,9 In
Size Irregular 102.8 X 140 Ft
Size Total Text 102.8 X 140 Ft
Zoning Description Residential

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29261161/1-john-street-south-dundas-702-iroquois

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