| Message Number | 426503 |
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| status | Active |
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| Subject Line | Clinton, ON (1 HR from London) 12-Plex apartment building For Sale $1,450,000 Downtown close to amenities and schools. |
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| Business area | |
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| Location, City | Clinton, ON |
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| Have/Want | Have |
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| Business category | Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | June 12 2024 |
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| Type Description | Apt. Building |
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| Location | Clinton, ON |
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| Price | $1,450,000.00 |
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| Building area | 10500 |
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| Zoning | C4-7 |
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| Comments | Twelve plex purpose built apartment building; built in 1987; new roof in 2008; approx 10,500 sq. ft. with 14 parking spaces; extensive up to date firecode work completed in 2005. Each unit is a 2 bedroom, 1 bath. Current cap rate shows about 7.5% at shown expenses and asking price. The property includes 12 fridges, 12 stoves, 3 electric hot water heaters owned. It is located on main Street, Clinton 1 1/2 blocks north of the main lights in the centre of that block more or less. And it is central to all town amenities. A 37 year old purpose built 12 plex with great income potential. Cost per unit is just under $121,000. 40593055 |
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| Internet Links | RLP Heartland Website more information and photos Central Huron |
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| Control | MLS |
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| Name | Fred Lobb |
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| Title | Broker / Owner |
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| Company Name | Royal LePage Heartland Realty, Brokerage |
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| Address Line One | 1 Albert St |
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| City | Clinton |
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| State/Province | Ontario |
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| Zip/Postal Code | N0M 1L0 |
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| Country | Canada |
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| Business Phone Number | (519)482-3400 |
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| Cell Number | 519-955-0012 Cell |
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| Home Number | 519-955-0012 Cell |
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| FAX Number | (519) 482-3477 |
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| Email Address | Send Email |
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| Home Page | Home Page |
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