8 WAYS to MAKE YOUR MONEY WORK FOR YOU! Make this North Woodstock 8-plex the next addition to your investment portfolio. Solid Numbers: Gross income $98,304, Net income just over 69,000 in 2020. This property is comprised of 2 buildings with 8 units in total. The Main building is a grand Victorian 2.5 storey with 5 spacious, bright & character-filled units. The additional building is a purpose-built 3-plex with 2 single garages, known as the "Coach House" located at the back of this large property. C3 Zoning offers many of non-residential uses such a professional offices, retail or a studio (see permitted uses for more options). Dedicated coin laundry on site and private parking for 8. Lots of public and street parking also available. All units currently occupied with excellent long term tenants (all in good standing). Each unit is equipped with fridge and stove (as is). Furnace 2017 in Carriage House & Boiler 2020 in main building. Premier location only steps to parks, schools, restaurants, library, shops, public transit & downtown. Easy 401 access. Minutes to London, Cambridge, Kitchener, Brantford. Seeing the LIGHT? Then it's time to get started with your new money making venture!
MLS# | 40067403 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 8 |
Units | 8 |
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Building(s) | 1 |
Area Information | |
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Province | ON |
County | Oxford |
City | Woodstock |
Postal Code | N4S 6G7 |
Area | 1 - Woodstock |
Listing VS Median (in N4S 6G7) | |
Price: $1,269,000 low | high Med: $1,269,000 On Site: 8 low | high Med: 8 |