Guelph, Central West, N1H 2T8
$1,150,000
Listed by eXp Realty.
A rare opportunity to own a large red-brick 6-plex just steps to downtown Guelph. There are 4 two-bedroom units and 2 one-bedroom units, four private parking spots in the rear laneway plus ample 24/7/365 street parking right in front of the building. This 4800 square foot building is a perfect BRRR candidate for a savvy investor as a few of the units are ready for updating and one unit will come vacant and is mostly gutted already. All six units are separately metered for hydro, gas boiler replaced in 2022, coin operated laundry and small storage units in the basement for added income. The location is fantastic, just steps to downtown and all of its amenities. Contact us for a summary of the financials.
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The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
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