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120 Centre Street Essex, Ontario N8M 1P9

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Central Air Conditioning, Heat Pump Heat Pump

$2,295,000

Brand new centrally located 6 plex in the beautiful Town of Essex within walking distance to all town amenities. One of the most energy efficient properties being offered for sale in Essex County with ICF from ground to roof and cold climate heat pumps which offer low and ONLY utility cost (hydro) to any future Tenants (no gas bills). Establish your own Rents and Tenants (expected rental income of $2500 per unit plus heat/hydro). Every unit offers identical 2 bedroom layout with open concept kitchen, living room and eating area, four piece bathroom and own laundry/utility rooms. Operating at 6.5-7% cap rate (Income and Expense estimates are projections). Front parking for up to 8 cars. (id:22529)

Property Details

MLS® Number 24003324
Property Type Multi-family

Building

Amenities Laundry Facility
CoolingType Central Air Conditioning, Heat Pump
ExteriorFinish Stucco
FlooringType Ceramic/porcelain, Hardwood, Laminate
HeatingFuel Electric
HeatingType Heat Pump
StoriesTotal 3
Type Multi-family

Parking

Other 8

Land

Acreage No
SizeIrregular 80 Ft X 127.20 Ft
SizeTotalText 80 Ft X 127.20 Ft
ZoningDescription R1-1

Rooms

Level Type Dimensions
Second Level Laundry Room Measurements not available
Second Level Bedroom Measurements not available
Second Level Bedroom Measurements not available
Second Level Living Room Measurements not available
Second Level Kitchen Measurements not available
Third Level Laundry Room Measurements not available
Third Level Bedroom Measurements not available
Third Level Bedroom Measurements not available
Third Level Living Room Measurements not available
Third Level Kitchen Measurements not available
Main Level Laundry Room Measurements not available
Main Level Bedroom Measurements not available
Main Level Bedroom Measurements not available
Main Level Living Room Measurements not available
Main Level Kitchen Measurements not available

https://www.realtor.ca/real-estate/26554825/120-centre-street-essex