Income properties for sale
422 - 432, Rue Woodbine, Brownsburg-Chatham
$1,749,000
Features
Use of property
Residential
Year built
2025
Lot area
13,701 sqft
Parking (total)
Driveway (12)
Fireplace/Stove
Gas fireplace
Number of units
Residential (6)
Residential units
6 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$103,800
Description
Six-unit apartment building located at 420-432 Woodbine Street in Brownsburg-Chatham, situated on a 14,787 sq. ft. lot in a sought-after area. The property features six 2-bedroom (4½) apartments and 12 outdoor parking spaces. Fully leased, it generates $104,400 in annual rental income, providing excellent rental stability. The property also benefits from a transferable municipal tax exemption through 2028. Current municipal taxes primarily reflect the land value, resulting in a lower municipal assessment. Ideally located close to services and recreational amenities, this property represents an excellent investment opportunity.
Centris No. 24509033
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Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $236,200 |
| Building | $1 |
| Total | $236,201 |
| Taxes | |
|---|---|
| Municipal (2026) | $5,208 |
| School (2025) | $155 |
| Total | $5,363 |
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