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412 Ross Street Huron-Kinloss, Ontario N0G 2H0

3 ac
Other Acreage

$3,499,000

This 20-unit townhouse-style complex is spread over 2.9 acres with strong income and significant upside. Current NOI exceeds $164K with multiple units recently turned and leased at $1,400$1,500/month. Older units still average under $800/month, providing substantial mark-to-market potential. Tenants pay their own hydro and the site includes income from storage rentals. Ideal for long-term investors seeking scale, low turnover, and a clear path to increased yield through repositioning. Financials available. Buyer to do own due diligence. (id:38414)

Brochure

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X12105719
Property Type Multi-family

Building

HeatingType Other
SizeInterior 3 Ac
Type Multi-family
UtilityWater Municipal Water

Land

Acreage Yes
SizeDepth 395 Ft
SizeFrontage 197 Ft
SizeIrregular 2.9
SizeTotal 2.9 Ac
SizeTotalText 2.9 Ac
ZoningDescription Res

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May 23 2025 04:03:30

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