SoldFourplex

243 Alder Street

Name: 243 Alder Street - Sold 9 months ago
Brand: RE/MAX WEST REALTY INC.
Price: 500000 CAD
Availability: SoldOut

Haldimand - Dunnville

243 Alder Street

Haldimand - Dunnville

Sold For$500,000

Sold 9 months ago

7 Bedrooms Bedrooms

4 Bathrooms Bathrooms

0 Garage Garage

Description

Well-maintained brick legal 4-plex investment corner lot property featuring three spacious 2-bedroom units and one 1-bedroom unit. Current leases on three units generate a solid 6% cap rate, with additional upside once the vacant 2-bedroom unit is leased. Each apartment offers two private entrances and separate hydro meters. The property is attractively landscaped and situated in a quiet, desirable neighborhood.

Key facts for 243 Alder Street

Tax$2,909.81 / 2024

Property TypeFourplex, 2-Storey

Lot Size96 x 40 Feet

Size2500-3000 ft²

Parking FeaturesNone

BasementFull, Unfinished

Listing #X12377200

Days on Market--

Listing BrokerageRE/MAX WEST REALTY INC.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$2,442/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$5.3% net yield

Net Monthly Cash Flow-$9

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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