26 GRIFFITHS Drive , Paris

8 Bed / 8 Bath / $1,349,888 / MLS® Listing #:40126162

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Rare opportunity to purchase three neighbouring investment properties in the desirable and growing neighbourhood of Paris, Ontario. 26, 28 & 30 Griffiths Drive (listed for $1,349,888 EACH) are fourplex buildings that are surrounded by green-space. Rents range from $1,025/m-$1,400/m (most recent unit) - Average current rent is $1,150/unit/m. All units are 2 bedrooms and 1.5 bathrooms. Separate Utilities & HVAC Systems. Potential For Condo/Resale Development For all 3 buildings - Annual Income: $165,960/y - Expenses: Taxes: $17,924 (2020) Insurance: $3,600/y Reliance: $4,152 Water: $15,372 - Net Income: $124,912/y (id:10452)

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Property Details

Property Type Fourplex
Square Feet 4224.0000
Maintenance N/A
Days On Our Website 101
Basement Unfinished - Full (Unfinished)
Lot Dimensions under 1/2 acre
Pool N/A
Area Paris
Air Conditioning Central air conditioning
Heating Natural gas - Forced air
Exterior Aluminum siding, Brick
Sewers Municipal sewage system
Water Municipal water

Listing Office: Redline Properties Inc.

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