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Central Huron
66 ALBERT ST
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66 ALBERT ST $1,450,000
$1,450,000
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66 ALBERT ST
Clinton, Ontario N0M1L0

MLS® Number: 40593055
24
Bedrooms
12
Bathrooms
10500
Square Feet

Listing Description

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. (67519319)

Location Description

N of lights on Albert St (Hwy #4) to 2nd block and property on west side in centre of block, but with street frontage.

Property Summary

Property Type
Multi-family
Storeys
3
Square Footage
10500 sqft
Subdivision Name
Clinton
Title
Freehold
Land Size
under 1/2 acre
Built in
1987
Annual Property Taxes
$13,093.74
Total Parking Spaces
14
Time on REALTOR.ca
37 days

Building

Bathrooms
Total
12
Interior Features
Basement Type
None
Building Features
Foundation Type
Poured Concrete
Total Units
12
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Brick Veneer
Neighbourhood Features
Community Features
High Traffic Area, Community Centre
Amenities Nearby
Place of Worship, Playground, Schools
Parking
Total Parking Spaces
14

Measurements

Square Footage
10500 sqft
Above Grade Finished
10500 sqft
Source: Other

Land

Lot Features
Frontage
40 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
C4-7
Data provided by: Huron Perth Association of REALTORS® Unit 5 - 55 Lorne Avenue East, Stratford, Ontario N5A 6S4
519-440-8602
519-482-3477
Email
Book showing
Royal LePage Heartland Realty (Clinton) Brokerage
1 Albert St.
Clinton, Ontario N0M1L0
519-482-3400
519-482-3477
Office Website

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