$1,550,000
12.28 BTC
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Map
3250 River Street, Brooke-Alvinston
$1,550,000
PRICE
1
BEDROOMS
1
BATHROOMS
X12108437
MLSID

3250 River Street, Brooke-Alvinston

A lucrative investment opportunity awaits with this newer fourplex built in 2024 & currently netting $97,170 per year. Low maintenance requirements, minimal property taxes & all-newer appliances kept expenses to a minimum, ensuring maximum profitability. Each unit measures approx. 1000 sq. ft. & includes a modern 4-piece bathroom, spacious kitchen with island, oversized bonus room, laundry closet & rear cement patio. Adding both convenience & value is an attached garage, finished & heated. All these features combine to provide an enjoyable living experience & capitalize on the demand for quality rental properties. Additionally, all units have signed leases & are plus utilities. The buildings central location within southwestern Ontario provides access to numerous markets like London, Strathroy, Sarnia and Chatham. With its contemporary design & thoughtful amenities, this property promises not only a steady stream of income but also long-term value appreciation.
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Summary

Address
3250 River Street
MLSID
X12108437
Property Type
Fourplex
Property Category
Bedrooms
1
Bathrooms
1
Kitchens
1
Zoning
R3 (3)
Taxes (Annual)
$8,750.00
Tax Year
2024
Published
April 28, 2025
Days on Market
223 Days
Possession Type
1-29 Days
Possession Details
15 Days Neg
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Inclusions

4 Fridges, 4 Stove, 4 Dishwashers, & 4 Washer/ Dryer combo units

Details

Property Features
Library
Security Features
Carbon Monoxide Detectors, Smoke Detector
Bathroom 1
4-Piece Ground Level
Basement
None
Exterior Features
Patio
Interior Features
Air Exchanger, Auto Garage Door Remote, Storage
Parking Spaces
1
Parking Total
2
Parking Features
Private
Architectural Style
Bungalow
Roof
Metal
Construction Materials
Hardboard
Lot Size
0 Acres
Lot Width
125 Feet
Lot Depth
134 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX Sarnia Realty Inc
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