On behalf of the owners, we are pleased to present an Incredible investment opportunity to acquire a very well maintained 9plex purpose built rental property. This property has had 100% occupancy since opening its doors. There is a rental supply shortage in Delhi. This site and the growing community of Delhi offers a reasonable walk score of 53. Priceless zoning, income producing and fully rented with quality tenants. A rare turn key opportunity. Priced at a reasonable cap rate of 6% with very little maintenance required. Great income Solid building which was recently built in 1988. Low maintenance, great tenants, plenty of parking, detached 2 car garage, 9 units. 6 units are 2 bedroom, 1 is a one bedroom, 2 are 1 bedroom plus a den. Tenants pay all utilities including water heater rental. 8 units are about 800sqft each and the ground level one bedroom unit is about 1200 sqft and has a full basement. On site coin operated laundry. Buildings like this are very very rare. (id:2493)
5,000 sq. ft.464.515 m2
Paved driveway, Crushed stone driveway, Laundry- Coin operated
Major Business Type:
Water - Available
Window air conditioner
Brick, Metal, Vinyl siding
Fire alarm system, Smoke Detectors
under 1/2 acre
Total Parking Spaces:
Detached garage, Gravel
Listed by Martin Sarkissian
and Laura Taksas
of Sutton Team Realty Inc.
Listing information last updated on October 18, 2018 at 02:39 AM (UTC)
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR®
Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These
certification marks identify real estate professionals who are members of CREA and who
must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the
MLS® logo are owned by CREA and identify the quality of services provided by real estate
professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by
members of The Canadian Real Estate Association, who are responsible for its accuracy.
CREA reproduces and distributes this information as a service for its members and assumes
no responsibility for its accuracy.
The listing content on this website is protected by copyright and
other laws, and is intended solely for the private, non‐commercial use by individuals. Any
other reproduction, distribution or use of the content, in whole or in part, is specifically
forbidden. The prohibited uses include commercial use, “screen scraping”, “database
scraping”, and any other activity intended to collect, store, reorganize or manipulate data on
the pages produced by or displayed on this website.
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.