337 GORDON Street

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For Sale - $1,399,999.00

ID#: 28324772

Massive Student Rental Cash Flow Opportunity! This is it—the investment property you’ve been waiting for in Guelph’s thriving student rental market – minutes from campus and with transit right outside, this legal, 10-unit lodging house is a goldmine for serious investors. Fully set up and ready to generate income, this property features: A 2-bedroom attic unit w/ full kitchen & 4 piece bathroom. This unit has has a french tub, abundance of natural light, & wall to wall closets. Main floor has two 2 large bedrooms, oversized eat in kitchen, 2 piece bathroom & Four bedrooms on the 2nd floor with another 4-piece bath, Basement suite with a 2 bedrooms unit with full kitchen & 4 piece bathroom. Each floor is complete with a common room for tenants & coin operated laundry in the basement. Fully furnished rooms – students can move right in! Lots of natural light & storage throughout well maintained and completely turnkey, this property offers strong income & growth for years to come ! The new owner has the opportunity to lease out the majority of the rooms at Market rent to ensure maximum income just in time for the upcoming school year. (id:42870)

Property Details

Property Address: 337 GORDON Street Guelph, Ontario, N1G1X7

Property Type: Multi-family

Area Toal: 3352 sqft

Waterfront: No

Pool: No

Garage: Yes


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing