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$1,099,900
Available - For Sale
Listing ID: X9516566
INVESTMENT OPPORTUNITY! 3 unit building in the back built in 2016. This 2-building 6-plex property is an excellent choice for investors seeking a well-maintained, income-generating asset with recent updates and improvements. The property has undergone several significant upgrades, including a newly paved driveway completed in 2022, ensuring enhanced curb appeal and functionality. The exterior brick of the buildings has been freshly painted in 2022 and comes with a 15-year warranty, adding to the property's long-term value while a new well installed in 2021 ensures a reliable water supply for all units. Each of the six rental units is equipped with essential appliances, including a refrigerator, stove, washer and dryer, offering convenience for tenants. Additionally, each unit has its own electric sub-panel, allowing for modern electrical management. The property benefits from two efficient heating boilers, providing reliable warmth throughout the buildings. Don't miss this RARE find!
Price $1,099,900
Taxes: $7,500
Occupancy by: Tenant
Address: 5054 COUNTY 10 Rd , The Nation, K0B 1G0, Ontario
Postal Code: K0B 1G0
Province/State: Ontario
Legal Description: CON 14 PT LOT 1 RP46R4821 PARTS 1 & 2
Lot Size: 80 x 208 (Feet)
Directions/Cross Streets: From County Rd 17, turn right onto Old Highway 17. Turn right onto County Rd 9. Turn left onto Ridge
Zoning: VC-X4
Category: Apartment
Insurance Expense: $4879
Water Expense: $2210
Gross Income/Sales: $80304
Net Income Before Debt: $53424
Heat Type: Baseboard
Sewers: Sewers
Water: Well
Water Supply Types: Drilled Well
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXIT REALTY MATRIX

5054 COUNTY 10 Rd , The Nation, K0B 1G0, Ontario

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

 
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Type: Com - Investment
Area: Prescott and Russell
Municipality: The Nation
Neighbourhood: 605 - The Nation Municipality
Style:
Lot Size: 80.00 x 208.00(Feet)
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Tax: $7,500
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