337 GORDON Street Active

Guelph,ON N1G1X7

$ 1399999

10 Beds

4 Baths

3352 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,352 sqft

Price per Sqft $417

Subdivision 6 - Dovercliffe Park/Old University

MLS Listing ID 40728206

Bedrooms 10

Year Built 1910

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

Property Description

Massive Student Rental Cash Flow Opportunity! This is it—the investment property you've been waiting for in Guelph's thriving student rental market - minutes from campus and with transit right outside, this legal, 10-unit lodging house is a goldmine for serious investors. Fully set up and ready to generate income, this property features: A 2-bedroom attic unit w/ full kitchen & 4 piece bathroom. This unit has has a french tub, abundance of natural light, & wall to wall closets. Main floor has two 2 large bedrooms, oversized eat in kitchen, 2 piece bathroom & Four bedrooms on the 2nd floor with another 4-piece bath, Basement suite with a 2 bedrooms unit with full kitchen & 4 piece bathroom. Each floor is complete with a common room for tenants & coin operated laundry in the basement. Fully furnished rooms – students can move right in! Lots of natural light & storage throughout well maintained and completely turnkey, this property offers strong income & growth for years to come ! The new owner has the opportunity to lease out the majority of the rooms at Market rent to ensure maximum income just in time for the upcoming school year. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Cooling None

Exterior

Parking Features Yes

Community Features School Bus

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Others

Ownership Freehold

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