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:35544)
| MLS® Number | 40728206 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Nearby, Park, Place Of Worship, Public Transit, Schools, Shopping |
| CommunityFeatures | School Bus |
| EquipmentType | Water Heater |
| Features | Paved Driveway, Laundry- Coin Operated |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
| Structure | Porch |
| BathroomTotal | 4 |
| BedroomsTotal | 10 |
| Appliances | Water Softener |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1910 |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| StoriesTotal | 3 |
| SizeInterior | 3352 Sqft |
| UtilityWater | Municipal Water |
| Detached Garage |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Golf Nearby, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 116 Ft |
| SizeFrontage | 41 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rl.1 |
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