$3,700,000
2
Storeys
PRESCOTT
Neighbourhood
1987
Built in
BRICK PURPOSE-BUILT 24-UNIT APT BUILDING ON LARGE 0.83 ACRE LOT IN PRESCOTT,6 BLOCKS TO THE ST LAWRENCE RIVER,MOST OF THE TENANTS ARE OVER 60 YEARS OLD, CLOSE TO GIANT TIGER WAREHOUSE, GREAT ACCESS TO THE U.S. BORDER & MAJOR CITIES WITH HWY 401,3 HOURS TO TORONTO, COMMUTING DISTANCE TO OTTAWA FOR THE CITY WORKER,ALL ENTRANCES HAVE SECURITY DOOR SYSTEMS & BUILT-IN INTERCOMS,ON A QUIET STREET YET CLOSE TO ALL THE AMENITIES OF THE BUSINESS SECTION,ALL TENANTS PAY THEIR OWN HYDRO/ELECTRIC BASEBOARD HEATING,TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME W/MOST OF THE APTS BEING UNDER RENTED,22- TWO BDRM APTS & 2- ONE BDRM APTS,LAUNDRY ROOM WITH RENTAL COIN OPERATED WASHERS & DRYERS,24 FRIDGES & 24 STOVES,BUY REAL ESTATE IN A MANNER IN WHICH IT WILL PAY FOR ITSELF,GREAT INVESTMENT,GREAT BUILDING,EXCELLENT ON-SITE SUPERINTENDENT (id:21083) Back
MLS #: 1247074
Courtesy of RE/MAX HALLMARK REALTY GROUP
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Additional Images

Details

Property Type

Multi-family

Neighbourhood

PRESCOTT

Built in

1987

Storeys

2
Building

Exterior Finish

Brick

Heating/Cooling

Baseboard heaters
None