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$ 1,750,000
Est. payment /mo
Active
4 Prospect ST Tillsonburg, ON N4G 2L6
15 Beds
12 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Tillsonburg
MLS Listing ID X13096768
Style 2-Storey
Bedrooms 15
Annual Tax Amount $20,596
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Located in the heart of downtown Tillsonburg, this 12 unit purpose built apartment building features 5 two bedroom, 5 one bedroom and 2 bachelor suites. Unique common patio area at the front. Excellent cash flow with minimum vacancy and plenty of upside potential to increase rents. Building has been well cared for by the current owners with thousands invested in capital and cosmetic improvements-new roof (2022), new windows 2012, electrical and plumbing have been upgraded, all units have been updated including kitchen cabinets, bathroom fixtures and flooring ceramic tile hallways, rubber stair treads on 4 staircases in main hallways, concrete walkway in front courtyard, two new front entry precast concrete stairs, new coin operated laundry and two new water heaters in last ten years. Sale also includes a vacant lot at 8 Bidwell at the corner of Prospect Street (.094 A). This is an excellent addition to any investment portfolio. Rent roll including operating costs available to interested parties. Viewings on Wednesdays starting May 13th between 3-5 pm.
Location
Province ON
County Oxford
Area Oxford
Rooms
Family Room No
Basement Full
Kitchen 12
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Membrane
Lot Frontage 95.5
Lot Depth 67.0
Total Parking Spaces 12
Building
Foundation Concrete Block
Others
ParcelsYN No
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Listed by RE/MAX CENTRE CITY REALTY INC.