405 Main S Street, Guelph/Eramosa (Rockwood), ON N0B2K0
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Listing Type
Multi Family
Listing Status
Active
47
$1,299,000
Home Details for 405 Main S Street
Price
$1,299,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
4
Listing #
X13656344
Property Description
Turnkey Investment Opportunity in Rockwood - Strong Cash Flow & Reliable TenantsA rare, exceptionally well-maintained brick fourplex located in the highly desirable community of Rockwood. This property represents a stable, cash-flowing addition to any portfolio, showing positive returns with 20% down.The building features a strong tenant profile with cooperative, long-term occupants who consistently pay on time. The physical asset has been meticulously maintained, minimizing near-term capital expenditure. Unit 1-a spacious, bright 2-bedroom, 1-bathroom unit-is currently vacant and listed for rent at $2,200/month. This presents an immediate opportunity for an investor to secure market-rent cash flow or for an owner-occupant to move in and let the remaining three units cover the mortgage.Situated on Main Street South, the property offers excellent visibility, ample parking for tenants, and easy access to local amenities, parks, Guelph, and the GTA commuter routes. Steady local rental demand makes this a highly resilient asset. Clean, solid, and professionally run. Financial details, utility breakdowns, and rent roll are available upon request. (id:31684)
Property Features
Heating Information
Heat Pump
Natural Gas
Cooling Information
Central Air
Listing Courtesy: Royal LePage Royal City Realty
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