52 ELM ST INGLESIDE STREET, South Stormont

$399,900

For sale: Multiplex

Multiplex at 52 ELM ST INGLESIDE STREET, South Stormont
Property type
Fourplex
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13844838
Neighbourhood
713 - Ingleside

Welcome to 52 Elm Street! This fully occupied fourplex is nestled in the sought-after village of Ingleside a location where opportunities like this don't come along often. Situated beside a park, close to local amenities, and just a short walk to the St. Lawrence River, its an ideal setting for tenants.Each of the four units are currently rented:Unit 1(1 bed+1 den): $810.07/month (hydro included) Unit 2(1 Bedroom): $915.32/month (+ utilities) Unit 3(1 Bedroom): $908.78/month (+ utilities) Unit 4(1 Bedroom): $888.42/month (+ utilities). The property generates a gross annual income of $42,271.08 through the rent roll, with additional revenue from a coin-operated washer and dryer accessible to all tenants.If you're ready to expand your investment portfolio in a prime location, this is a property you'll want to see. All offers to include a 24-hour irrevocable clause.ocation where opportunities like this don't come along often. Situated beside a park, close to local amenities, and just a short walk to the St. Lawrence River, its an ideal setting for tenants.Each of the four 1-bedroom units is currently rented:Unit 1: $810.07/month (hydro included) Unit 2: $915.32/month (+ utilities) Unit 3: $908.78/month (+ utilities) Unit 4: $888.42/month (+ utilities). The property generates a gross annual income of $42,271.08 through the rent roll, with additional revenue from a coin-operated washer and dryer accessible to all tenants.If you're ready to expand your investment portfolio in a prime location, this is a property you'll want to see. All offers to include a 48-hour irrevocable clause.

Sold data

Homes in Ingleside — recent sold market

Homes in Ingleside took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 78, across 30 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $428,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 43% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$428,000
Sale-to-list ratio
97.0%
Sold above asking
7%

Based on 30 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 52 ELM ST INGLESIDE STREET