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Home ON Brooke-Alvinston
3250 RIVER STREET
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3250 RIVER STREET $1,520,000
$1,520,000
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3250 RIVER STREET
Brooke-Alvinston, Ontario N0N1A0

MLS® Number: 24011018

Listing Description

A lucrative investment opportunity awaits with this newly constructed fourplex, currently netting $99,600 per year. Low maintenance requirements, minimal property taxes & all-new appliances kept expenses to a minimum, ensuring maximum profitability. Each unit measures approx. 1000 sq. ft. & includes a modern 4-piece bathroom, spacious kitchen with island, oversized bonus room, laundry closet & rear cement patio. Adding both convenience & value is an attached garage, finished & heated. All these features combine to provide an enjoyable living experience & capitalize on the demand for quality rental properties. Additionally, all units have signed leases & are plus utilities. The building’s central location within southwestern Ontario provides access to numerous markets like London, Strathroy, Sarnia and Chatham. With its contemporary design & thoughtful amenities, this property promises not only a steady stream of income but also long-term value appreciation. Inquire today for details. (50895262)

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
1
Title
Freehold
Land Size
134/128 X 105
Built in
2024
Parking Type
Other (2)
Time on REALTOR.ca
223 days

Building

Interior Features
Flooring
Cushion/Lino/Vinyl
Building Features
Building Amenities
Laundry Facility
Total Units
4
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Ductless, Radiant heat, (Electric)
Parking
Parking Type
Other (2)

Land

Other Property Information
Zoning Description
R3 (3)
Data provided by: Sarnia-Lambton Association of REALTORS® 555 Exmouth Street, Sarnia, Ontario N7T 5P6
519-542-9999
519-542-6663
877-542-9992
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