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$619,900
Available - For Sale
Listing ID: X9518943
Investment opportunity that savvy investors won't want to miss. Located in the peaceful village of Sarsfield, just minutes from Orleans & Navan, this well-maintained 5plex offers significant potential for increased returns. Sarsfield combines the charm of rural living with the convenience of easy access to nearby urban centers, making it an attractive location for tenants seeking tranquility while staying connected to city amenities. With 3 2-bdrm & 2 1-bdrm apts, the units are rented below market value, presenting a clear opportunity to maximize profitability. This fully-occupied property provides steady rental income & includes individual parking spaces & outdoor storage for each unit, enhancing tenant appeal. With 4 sep. electrical meters, landlords have added convenience, covering only electricity for common areas & 3 units. Seize this promising investment in a community blending country charm & urban accessibility. Schedule your viewing today & unlock the potential of this 5-plex!
Price $619,900
Taxes: $3,900
Occupancy by: Tenant
Address: 2870 COLONIAL Rd , Orleans - Cumberland and Area, K0A 3E0, Ontario
Postal Code: K0A 3E0
Province/State: Ontario
Legal Description: PT LT 10 CON 4 CUMBERLAND AS IN RR123397
Lot Size: 126 x 92 (Feet)
Directions/Cross Streets: Once in Navan go east on Colonial Road for about 10 minutes. Once in Sarsfield the property is on th
Zoning: V3F
Category: Apartment
Insurance Expense: $6347
Water Expense: $1200
Gross Income/Sales: $57720
Operating Expenses: $17767
Net Income Before Debt: $39953
Heat Type: Baseboard
Sewers: Septic
Water: Well
Water Supply Types: Drilled Well
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EXP REALTY

2870 COLONIAL Rd , Orleans - Cumberland and Area, K0A 3E0, Ontario


 
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Type: Com - Investment
Area: Ottawa
Municipality: Orleans - Cumberland and Area
Neighbourhood: 1116 - Cumberland West
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Lot Size: 126.00 x 92.00(Feet)
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Tax: $3,900
Maintenance Fee: $0
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