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28 Griffiths Drive Paris, Ontario N3L 4B7

8 Bedroom 8 Bathroom 4224
Central Air Conditioning Forced Air

$1,349,888

Rare opportunity to purchase three neighbouring investment properties in the desirable and growing neighbourhood of Paris, Ontario. 26, 28 & 30 Griffiths Drive (listed for $1,349,888 EACH) are fourplex buildings that are surrounded by green-space. Rents range from $1,025/m-$1,400/m (most recent unit) - Average current rent is $1,150/unit/m. All units are 2 bedrooms and 1.5 bathrooms. Separate Utilities & HVAC Systems. Potential For Condo/Resale Development For all 3 buildings - Annual Income: $165,960/y - Expenses: Taxes: $17,924 (2020) Insurance: $3,600/y Reliance: $4,152 Water: $15,372 - Net Income: $124,912/y (id:41662)

Property Details

MLS® Number 40126171
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Playground, Schools
Community Features School Bus
Features Park/reserve

Building

Bathroom Total 8
Bedrooms Total 8
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick
Fire Protection Smoke Detectors
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 4224
Type Fourplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Park, Place Of Worship, Playground, Schools
Sewer Municipal Sewage System
Size Frontage 70 Ft
Size Total Text Under 1/2 Acre
Zoning Description Res

https://www.realtor.ca/real-estate/23305998/28-griffiths-drive-paris

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