2047 Main St S, Haldimand Haldimand
Cashback ~$18,625
$1,770,000

2047 Main St S, Haldimand Haldimand

Multiplex
Property type
0
Bedrooms
6
Bathrooms
Haldimand
Community name

Property details

Status
Active
Square feet
5000
Building type
2-Storey
Roof
Other
A/C
None
Heating
Radiant
Foundation
Concrete
Pool
None
Lot size
61.90 X 129.94
Construction
Metal/Side
Parking spaces
10
Updated on
2025-02-12, 9:40 p.m.
MLS® number
X11959149

Description

**Prime Investment Opportunity 6-Unit Apartment Building in Jarvis!** An outstanding multiplex investment offering stable rental income, with all units currently occupied. This well-maintained property features four spacious two-bedroom units and two one-bedroom units, each separately metered. Recent upgrades enhance long-term value, including a newer pump (2024), windows (2023-2024), boiler & furnace (2018), resurfaced roof (2017), and updated siding (2019). This income-generating property produces a gross total income of $115,360 per year, including rental revenue and coin laundry income ($1,984), with total expenses of $17,820, resulting in a NOI of $97,540 and a strong 5.50% CAP rate. Tenant storage lockers and ample parking add further value. Situated in a growing community, just 35 minutes from HWY 403/Hamilton, this property offers long-term appreciation and the ability to increase rents to market value over time. Don't miss this incredible investment opportunity!


$18,625 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522

Listed by: EXP REALTY

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.