3874 Champlain Road, Clarence-Rockland — For Sale in Clarence-Rockland
0 bed · 0 bath · Investment for sale in Clarence-Rockland.
3874 Champlain Road, Clarence-Rockland, ON K0A 1E0
About This Property
Now for sale at 3874 Champlain Road in Clarence-Rockland: a 0-bedroom, 0-bathroom investment listed at $819,000.
Welcome to 3874 Champlain Street. 6.8% CAP! This well-maintained 7-UNIT multi-residential property on 0.648 acres of land offers a strong investment opportunity with stable income and long-term potential and is offered at only $117,000/unit. The building consists of six (6) 2-bedroom units and one (1) 3-bedroom unit, all currently tenanted. Extensive updates have been completed, including a new roof (2023) and siding, updated plumbing and electrical systems, upgraded septic system (2012), and the installation of a new boiler along with tankless hot water systems. The property features a large timber frame foundation and operates on a single hydro meter. Gas & water one meter. Six (6) storage lockers are included for tenant use. This offering presents a solid income-generating asset and is well-suited for investors seeking a turnkey, fully leased multi-unit property. Opportunity exists to increase revenues and further enhance returns through rental optimization!
Property Specifications
| MLS® Number | X13050710 |
|---|---|
| Status | For Sale |
| List Price | $819,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 5232 sq ft |
| Address | 3874 Champlain Road, Clarence-Rockland, ON K0A 1E0 |
| City | Clarence-Rockland |
| Postal Code | K0A 1E0 |
Listing Contracted With: ROYAL LEPAGE INTEGRITY REALTY
