Clinton, ON (1 HR from London) 12-Plex apartment building For Sale $1,450,000 Downtown close to amenities and schools. - Ca-type-apartment-buildings

26 Aug 2024


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</style></head><body><table><tr><th class='dispLabel'>Message Number</th><td class='dispData'>428311</td>
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<tr><th class='dispLabel'>status</th><td class='dispData'>Active</td>
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<tr><th class='dispLabel'>Subject Line</th><td class='dispData'>Clinton, ON (1 HR from London) 12-Plex apartment building For Sale $1,450,000 Downtown close to amenities and schools.</td>
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<tr><th class='dispLabel'>Business area</th><td class='dispData'><table class='tree1'><tr><td class='tree1'><table class='tree'><tr><td class='tree2'>Canada</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Ontario</td></tr><tr><td class='tree2'><table class='tree'><tr><td class='tree2'>Northern Ontario</td></tr><tr></tr></table></td></tr></table></td></tr></table></td></tr></table></td>
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<tr><th class='dispLabel'>Location, City</th><td class='dispData'>Clinton, ON</td>
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<tr><th class='dispLabel'>Have/Want</th><td class='dispData'>Have</td>
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<tr><th class='dispLabel'>Business category</th><td class='dispData'>Apartment buildings/multi unit/condo townhouse projects/investments</td>
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<tr><th class='dispLabel'>Date of Listing</th><td class='dispData'>August 26 2024</td>
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<tr><th class='dispLabel'>Type Description</th><td class='dispData'>Apt. Building</td>
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<tr><th class='dispLabel'>Location</th><td class='dispData'>Clinton, ON    </td>
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<tr><th class='dispLabel'>Price</th><td class='dispData'>$1,450,000.00</td>
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<tr><th class='dispLabel'>Building area</th><td class='dispData'>10500</td>
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<tr><th class='dispLabel'>Zoning</th><td class='dispData'>C4-7</td>
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<tr><th class='dispLabel'>Comments</th><td class='dispData'>Twelve plex purpose built apartment building; built in 1987; new roof in 2008; approx 10,500 sq. ft. with 14 parking spaces; extensive up to date firecode work completed in 2005. Each unit is a 2 bedroom, 1 bath. Current cap rate shows about 7.5% at shown expenses and asking price. The property includes 12 fridges, 12 stoves, 3 electric hot water heaters owned. It is located on main Street, Clinton 1 1/2 blocks north of the main lights in the centre of that block more or less. And it is central to all town amenities. A 37 year old purpose built 12 plex with great income potential. Cost per unit is just under $121,000. 40593055</td>
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<tr><th class='dispLabel'>Internet Links</th><td class='dispData'><p><a href="https://rlpheartland.ca/details/66%20ALBERT%20ST-Clinton-Ontario/?id=26926264" target="_blank"> RLP Heartland Website more information and photos </a></p><p><a href="https://www.centralhuron.ca/en/index.aspx" target="_blank"> Central Huron </a></p></td>
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<tr><th class='dispLabel'>Member Identifier</th><td class='dispData'>101</td>
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<tr><th class='dispLabel'>Control</th><td class='dispData'>MLS</td>
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<tr><th class='dispLabel'>Name</th><td class='dispData'>Fred Lobb</td>
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<tr><th class='dispLabel'>Title</th><td class='dispData'>Broker / Owner</td>
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<tr><th class='dispLabel'>Company Name</th><td class='dispData'>Royal LePage Heartland Realty, Brokerage</td>
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<tr><th class='dispLabel'>Address Line One</th><td class='dispData'>1 Albert St</td>
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<tr><th class='dispLabel'>City</th><td class='dispData'>Clinton</td>
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<tr><th class='dispLabel'>State/Province</th><td class='dispData'>Ontario</td>
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<tr><th class='dispLabel'>Zip/Postal Code</th><td class='dispData'>N0M 1L0</td>
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<tr><th class='dispLabel'>Country</th><td class='dispData'>Canada</td>
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<tr><th class='dispLabel'>Business Phone Number</th><td class='dispData'>(519)482-3400</td>
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<tr><th class='dispLabel'>Cell Number</th><td class='dispData'>519-955-0012 Cell</td>
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<tr><th class='dispLabel'>Home Number</th><td class='dispData'>519-955-0012 Cell</td>
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<tr><th class='dispLabel'>FAX Number</th><td class='dispData'>(519) 482-3477</td>
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<tr><th class='dispLabel'>Email Address</th><td class='dispData'><a href='https://www.iciworld.com//emailForm.jsp?mid=101&msgnum=428311'>Send Email</a></td>
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<tr><th class='dispLabel'>Home Page</th><td class='dispData'><a name='' href='https://fredlobb.royallepage.ca/' target='_blank'>Home&nbsp;Page</a></td>
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