22 Victor Street, Essex, Ontario

$2,299,000

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About 22 Victor Street

Brand new (currently under construction and expected to be completed in the Spring of 2024) centrally located 6 plex in the beautiful Town of Essex within walking distance to all town amenities. One of the most energy efficient properties being offered for sale in Essex County with ICF from ground to roof and cold climate heat pumps which offer low and only utility cost (hydro) to any future Tenants (no gas bills). Establish your own Rents and Tenants (expected rental income of $2500 per unit plus heat/hydro). Every unit offers identical 2 bedroom layout with open concept kitchen, living room and eating area, four piece bathroom and own laundry/utility rooms. Operating at 6.5-7% cap rate (Income and Expense estimates are projections). Front parking for up to 8 cars. (id:6289)

Features of 22 Victor Street

Listing # 23021581
Price $2,299,000
Bathrooms 0.00
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 22 Victor Street
City Essex
Province Ontario
Postal Code N8M1J7

Amenities

Amenities Laundry Facility
Parking Other
Is Waterfront No
Has Pool No

Interior

Heating Electric Heat Pump
Cooling Central air conditioning, Heat Pump
Fireplace No
# of Stories 3
Has Basement No

Exterior

Exterior Stucco
Lot Description 80 X 127.53

Listing Details

OfficeRE/MAX PREFERRED REALTY LTD. - 586

Listing Map

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