236 Suffolk Street W Guelph, Ontario N1H 2J9
$874,900
Multi-Family properties are rare in the City of Guelph. This Legal Non-Conforming Four-Plex is the perfect opportunity for any investor looking to add a property to their portfolio that is set up for long-term success. By the numbers, 236 Suffolk Street West is the best price-per-unit that Guelph has to offer. A potential gross monthly income of $5,400, would see 5-year returns exceeding 29% return on investment, with no appreciation added. This property is located within walking distance of Exhibition Park, Fixed Gear Brewing, and the newly announced Conestoga College Campus coming to the Guelph Downtown core as early as 2025. Investors, don’t miss out on a chance at one of Guelph’s best opportunities, get in touch today. Financial Brochure is available upon request. (id:49454)
Property Details
| MLS® Number | 40401222 |
| Property Type | Multi-family |
| Amenities Near By | Playground, Schools, Shopping |
| Equipment Type | Water Heater |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1950 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding, Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1600 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 105 Ft |
| Size Frontage | 45 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Residential - R1b |
https://www.realtor.ca/real-estate/25471752/236-suffolk-street-w-guelph
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May 16 2023 09:36:45
Guelph & District Association of REALTORS®
Coldwell Banker Neumann Real Estate Brokerage