Residential Income
Active
234-238 Ridge Road N, Ridgeway ON L0S 1N0
Overview
Property ID: 40477738
- Multi-5 Unit
- 6
- 6
- 4578
Description
Amazing turn-key investment opportunity! This fully tenanted 5 unit property consists of 4 residential units and one commercial space. This multi use property is in a prime high traffic location in the heart of the quaint town of Ridgeway. Property has had several recent updates. 4 residential units host long term tenants commercial space is currently leased by a successful bakery. Total gross rental income $97,800 Contact listing agent for details regarding leases, recent updates and chattels included. Property only for sale (bakery not for sale but will stay on as a tenant). Put your money to work for you. Don’t miss out call today! Please allow 24 hours notice for viewing of residential units.
Address
Open on Google Maps- Address Ridge
- City Ridgeway
- State/county Niagara
- Zip/Postal Code L0S 1N0
Details
Updated on January 25, 2024 at 6:34 pm- Property ID: 40477738
- Price: $1,674,000
- Property Size: 4578 Sq Ft
- Bedrooms: 6
- Bathrooms: 6
- Property Type: Multi-5 Unit
- Property Status: Residential Income
Additional details
- LaundryFeatures: None
- PhotosCount: 15
- ITSO_UnderContract: Hot Water Heater,Other
- Cooling: Wall Unit(s)
- ITSO_NumberOfBachelorUnits: 0
- CrossStreet: DISHER
- ITSO_CoListAgent2Designation: Salesperson
- AboveGradeFinishedArea: 4578
- ITSO_SurveyType: None
- ListingKeyNumeric: 143133170
- MajorChangeType: Price Change
- MLSAreaMajor: Fort Erie
- TaxAnnualAmount: 6165.23
- ITSO_NumberOfStudioUnits: 0
- OriginatingSystemName: Niagara
- MlsStatus: Active
- StreetNumber: 234-238
- ListingKey: 3ca49db7df46ccbf2e5022b958342453
- ITSO_NumberOfEfficiencyUnits: 0
- ElementarySchool: John Brant
- StreetDirSuffix: N
- ITSO_StreetViewParam: 1$42.88122342$-79.05179049$0.00$13.33$1.00$CAoSLEFGMVFpcFBtR1FZYnJoZnkzOUtXa0p0UndXYnJYMERsTkZPVWlWcXVRQ2Fk
- Directions: Dominion Rd to Ridge Rd. N
- ITSO_UnderContractCostsMonthly: 411.58
- Roof: Asphalt,Asphalt Shing
- ParkingTotal: 8
- ITSO_NumberOfOtherUnits: 1
- InternetAddressDisplayYN: 1
- WaterSource: Municipal
- StoriesTotal: 2
- ParkingFeatures: Concrete
- Heating: Forced Air,Radiant
- ITSO_AcresRange: < 0.5
- BuildingAreaUnits: Square Feet
- InternetEntireListingDisplayYN: 1
- InternetAutomatedValuationDisplayYN: 1
- ITSO_NumberOfLoftUnits: 0
- ITSO_NumberOfPenthouseUnits: 0
- ConstructionMaterials: Vinyl Siding
- InternetConsumerCommentYN: 1
- BuildingAreaTotal: 4578
- CoListAgentDesignation: Salesperson
- InsuranceExpense: 7463
- ITSO_KitchensTotal: 0
- ITSO_CoListAgent3Designation: Salesperson
- MajorChangeTimestamp: 2023-11-14T01:19:27.933Z
- ITSO_NumberOfApartmentUnits: 0
- ITSO_TransactionType: Sale
- ListingContractDate: 2023-09-14
- MLSAreaMinor: 335 - Ridgeway
- FarmLandAreaUnits: Square Feet
- Zoning: C4
- ITSO_StatusContractualSearchDate: 2023-09-14
- Basement: Partial,Unfinished
- ITSO_HSTApplicableToSalePrice: Yes
- PhotosChangeTimestamp: 2023-10-17T21:20:06.162Z
- ElectricExpense: 2760
- AssociationFee2Frequency: Monthly
- StateOrProvince: ON
- AboveGradeFinishedAreaUnits: Square Feet
- FrontageLength: 54.00
- BridgeModificationTimestamp: 2023-11-14T05:05:37.601Z
- PropertyCondition: Unknown
- FrontageType: East
- ParcelNumber: 641910190
- ITSO_LotDepth: 165
- FoundationDetails: Block,Slab
- ITSO_CurrentPrice: 1674000
- HighSchool: Gfess
- ITSO_DrivewayParking: Outside/Surface/Open,Private Drive Double Wide
- StreetSuffix: Road
- LotSizeDimensions: 165 x 54
- ModificationTimestamp: 2023-11-14T01:19:27.933Z
- ITSO_CommonInterest: Freehold/None
- BelowGradeFinishedAreaUnits: Square Feet
- Sewer: Sewer (Municipal)
- ITSO_NetIncome: 79852
- ITSO_HoldoverDays: 60
- NumberOfBuildings: 0
- ITSO_RATIO_CurrentPrice_By_AboveGradeFinishedArea: 365.66186
- LotFeatures: Rectangular,Business Centre,City Lot,High Traffic Area,Library,Park,Public Parking,Public Transit,Rec./Community Centre,Schools,Shopping Nearby
- NumberOfUnitsTotal: 5
- ITSO_Expenses: Estimated
- OpenParkingSpaces: 8
- FeedTypes: IDX
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