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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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Asking Price: $ Heating: $ /Year  
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REAL BROKER ONTARIO LTD.

978 NOTRE-DAME St , Russell, K0A 1W0, Ontario

Personal Picture
Arash Salehrad
Broker
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(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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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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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949