63 LAMBS LANE new

Clarington (bowmanville),ON L1C3G6

$ 1999000

- Bed

- Bath

11495 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,495 sqft

Price per Sqft $173

Subdivision Bowmanville

MLS Listing ID E12095939

Property Description

Phenomenal investment opportunity in a prime AAA Bowmanville location! Featuring 11 spacious 2-bedroom units, all just minutes from public transit, grocery stores, restaurants, and other essential amenities. Separate Hydro Meters (Landlord Pays) , Thermal Windows replaced in 2006, Flat roof redone in 2015, Onsite laundry facilities generate steady monthly income, while 14 onsite parking spaces offer additional current and future revenue potential. The large basement space, currently used for tenant storage lockers, presents an exciting opportunity to potentially add an additional bachelor unit. With approx. 104% upside on the existing rent roll upon tenant turnover, this property offers massive value-add potential for investors. Well-located, and full of untapped potential. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Exterior

Parking Features No

View Y/N No

Building

Sewer Sanitary sewer

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