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:61499)
| MLS® Number | X14119516 |
| Property Type | Multi-family |
| Community Name | Ridgetown |
| BathroomTotal | 17 |
| Appliances | Dryer, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1 Ac |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | Yes |
| SizeDepth | 355 Ft |
| SizeFrontage | 119 Ft ,5 In |
| SizeIrregular | 1.188 |
| SizeTotal | 1.188 Ac |
| SizeTotalText | 1.188 Ac |
| ZoningDescription | Rm2-481 |
https://www.realtor.ca/real-estate/30447152/77-erie-street-s-chatham-kent-ridgetown-ridgetown
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Abbe Sheedy
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Klaud Czeslawski
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