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$ 1,199,999
Est. payment | /mo
13 Beds
7 Baths
5,000 SqFt
$ 1,199,999
Est. payment | /mo
13 Beds
7 Baths
5,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 - 100000
Square Footage 5,000 sqft
Price per Sqft $239
Subdivision Dunnville
MLS® Listing ID X13532840
Bedrooms 13
Property Description
Exceptional 7-Plex Investment Opportunity in Dunnville! Welcome to 172- 176 Diltz Road, a rare opportunity to own a well-maintained multi-residential property featuring a mix of units and strong income potential. This unique property sits on one acre of land and includes: A standalone 1-bedroom bungalow, perfect for an owner-occupier or additional rental income. A separate 6-unit building, with all spacious 2-bedroom apartments. Each unit is designed for tenant independence and cost efficiency, with: Separate hydro and gas meters Individual forced-air furnaces Private hot water tanks Recent upgrades enhance both property value and ease of management, including newer windows, roofs, HVAC units, and hot water tanks, along with web-enabled security cameras for convenient remote oversight. This property offers excellent upside potential by adding laundry facilities and adjusting below-market rents to current levels. With its current 5.5% cap rate, the property already provides steady cash flow and has plenty of room for increased returns. Additional highlights: Ample on-site parking for tenants and guests. Spacious outdoor area for tenant enjoyment. Strong, consistent rental demand in Dunnville Convenient location near schools, shopping, parks, and the Grand River, with easy access to major routes Whether you're seeking a live-and-retire opportunity by residing in the bungalow and collecting income from the other units, or looking to expand your investment portfolio with a reliable multi-residential property, this 7-plex is an exceptional choice. Don't miss this chance to secure a profitable and growing investment property in a thriving community! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air, ,
Cooling None
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 15
Garage Yes
Private Pool No
Building
Story 2
Sewer Septic System
Listed by EXP REALTY
Nearby Locations
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