LOADING

508 Hughes Street Dresden, Ontario N0P 1M0

SOLD

6 Bedroom 2 Bathroom

Fireplace None Acreage Landscaped

SOLD

Very few like it in Southwestern Ont. A charming older building housing 4 good size residential units. Two, 2 bedroom and Two, 1 one bedroom. Nice sized, well looked after property in a mature well kept part of town. Parking for at least 5 cars. A definite money maker for a very low investment. Currently all rented with a total revenue of $22,200 and expenses of $6848.00 gives you a very good cap rate. In good condition with some recent improvements including a new roof in 2018, there is excellent potential for further upgrades and significantly increased rents! (id:34868)

Property Details

MLS® Number	40079020
Property Type	Multi-family
Amenities Near By	Park, Shopping
Community Features	Quiet Area
Features	Park Setting, Corner Site, Park/reserve, Crushed Stone Driveway
Parking Space Total	5
Structure	Porch

Building

Bathroom Total	2
Bedrooms Total	6
Basement Development	Unfinished
Cooling Type	None
Fireplace Present	Yes
Fireplace Total	2
Heating Fuel	Natural Gas
Stories Total	2
Type	Fourplex
Utility Water	Municipal Water

Land

Access Type	Road Access
Acreage	Yes
Land Amenities	Park, Shopping
Landscape Features	Landscaped
Size Total Text	Under 1/2 Acre
Zoning Description	R-3

Aerial