This is a good investment, all units are occupied, Monthly income of 4675.00 4 of 5 units are self sufficient with the 5th one giving verbal notice to move out by Sept. leaving that unit to change over to Plus hydro, giving more profit and a chance for further rent increase. Rents are 28-1050+ , 28-1 -750+, 28-2- 1000+, 26-1 975 all inclusive, 26-2- 900+ Many updates have been done Siding, and extensive cosmetic to 3 of 5 units. 4 new windows, Roof is less than 6 yrs old. The land has just be converted from leased to freehold. It is up to the buyer to ensure if HST is included in or Plus. This Listing is also posted on Realtor.ca Residential MLS x12178032 (id:55534)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | X12177083 |
Property Type | Multi-family |
Community Name | 719 - Alexandria |
Heating Type | Baseboard Heaters |
Size Exterior | 1600 Sqft |
Size Interior | 1,600 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 74 Ft ,8 In |
Size Frontage | 54 Ft ,3 In |
Size Irregular | Bldg=54.29 X 74.73 Ft |
Size Total Text | Bldg=54.29 X 74.73 Ft |
Zoning Description | Res Multi |
https://www.realtor.ca/real-estate/28374757/28-lochiel-street-north-glengarry-719-alexandria
Contact us for more information
Robert Juhasz
Salesperson
(613) 935-5777
(613) 935-3311