243 Alder Street W, Haldimand - Sold for $500,000 | Modern Solution Realty

243 Alder Street W, Haldimand

243 Alder Street W in Haldimand - 7 bedroom, 4 bathroom. Sold for $500,000. Listed at $500,000.

Well-maintained brick legal 4-plex investment corner lot property featuring three spacious 2-bedroom units and one 1-bedroom unit. Current leases on three units generate a solid 6% cap rate, with additional upside once the vacant 2-bedroom unit is leased. Each apartment offers two private entrances and separate hydro meters. The property is attractively landscaped and situated in a quiet, desirable neighborhood.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 2750 sqft
  • Basement: Full
  • Heating: Gas
  • Cooling: None
  • Parking: 0 space
  • Property Taxes: $2,909.81/yr
  • Neighbourhood: Dunnville
  • Postal Code: N1A 1R3

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