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$789,900
Available - For Sale
Listing ID: X9515835
Discover an unparalleled investment opportunity with this turnkey 6-plex, a gem in the world of multi-family properties. Boasting a 100% occupancy rate, each of the six units is a one-bedroom apartment, currently rented to stable, long-term tenants. With this solid tenant base, you're looking at an incredible annual cash flow nearly $50k, making this a standout option for any serious investor. Plenty of parking and extra storage with detached garage. All units have separate laundry. All appliances owned and included. Also solid re-development option. Development fees are covered for 6 units.
Price $789,900
Taxes: $4,680
Occupancy by: Tenant
Address: 978 NOTRE-DAME St , Russell, K0A 1W0, Ontario
Postal Code: K0A 1W0
Province/State: Ontario
Legal Description: PART OF MILL PROPERTY, LOT 8 CONCESSION
Lot Size: 53 x 176 (Feet)
Directions/Cross Streets: Right on the main road of Notre-Dame in Embrun
Zoning: Commercial
Category: Apartment
Insurance Expense: $2630
Water Expense: $3745
Gross Income/Sales: $65640
Net Income Before Debt: $48902
Sewers: Sewers
Water: Municipal
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978 NOTRE-DAME St , Russell, K0A 1W0, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Prescott and Russell
Municipality: Russell
Neighbourhood: 602 - Embrun
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Lot Size: 53.00 x 176.00(Feet)
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Tax: $4,680
Maintenance Fee: $0
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