3874 Champlain Road Clarence-Rockland, Ontario K0A 1E0
$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! (id:59524)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X13050710 |
| Property Type | Multi-family |
| Community Name | 607 - Clarence/Rockland Twp |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 7 |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 5232 Sqft |
| SizeInterior | 5232 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 209 Ft |
| SizeFrontage | 134 Ft |
| SizeIrregular | Bldg=134 X 209 Ft |
| SizeTotalText | Bldg=134 X 209 Ft |
| ZoningDescription | 7.1.3 |
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May 04 2026 01:53:39
Royal LePage Integrity Realty