77 Erie Street S Ridgetown, Ontario N0P 2C0
2 Bedroom
10 Bathroom
3792
Central Air Conditioning
Forced Air
Landscaped
$1,200,000
The ultimate house hack! Located near the University of Guelph, Ridgetown Campus, which has one of the best Vet Tech programs in the province, this property features 2 buildings (one bungalow and a larger building featuring 8 bachelor apartments, one room and a 2 bedroom unit) and can garner the new owner almost completely new/market rents. Great numbers as an investment or could be a great house hack as the owner can live in the 2 bedroom bungalow and self property manage (additional rooms in the basement), while your tenants in the additional building pay the bills. Potential CAP rates exceed 6% at full rental potential. Currently used as a student rental, this property could also make a great long-term rental or new owners could explore options such as focusing on retirees. This property is turn key! Current tenant in the bungalow also property manages and would love to stay (she is great!) (id:34868)
Property Details
| MLS® Number | 40233867 |
| Property Type | Multi-family |
| Amenities Near By | Park, Place Of Worship, Playground, Schools |
| Communication Type | High Speed Internet |
| Community Features | Quiet Area, School Bus |
| Equipment Type | Furnace, Water Heater |
| Features | Park/reserve, Sump Pump |
| Parking Space Total | 20 |
| Rental Equipment Type | Furnace, Water Heater |
Building
| Bathroom Total | 10 |
| Bedrooms Total | 2 |
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Brick |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3792 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Schools |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Frontage | 120 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | Rm2-481 |
Utilities
| Electricity | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24327507/77-erie-street-s-ridgetown
Interested?
Contact us for more information
Rick Pritchard
Broker
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Janelle Pritchard
Sales Representative -
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Denise Mann
Sales Representative -
https://onesmartmove.ca
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
Phillip Hallman
Broker -
https://onesmartmove.ca/
Exp Realty
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
380 Wellington Street, Tower B, 6th Floor
London, ON N6A 5B
519-381-3499
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May 20 2022 07:06:37
London and St. Thomas Association of REALTORS®
Exp Realty