Courtesy of: ABBE SHEEDY, Salesperson, BLUE FOREST REALTY INC.
Courtesy of: ABBE SHEEDY, Salesperson, BLUE FOREST REALTY INC.
$1,890,000
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1
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17.00 Bath
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Multi-family
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$1,890,000
77 ERIE STREET S Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200, 000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washer/dryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property. (id:203)