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$699,000
Est. payment /mo
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision 715 - South Stormont (Osnabruck) Twp
MLS® Listing ID X10426813
Bedrooms 5
Half Baths 1
Originating Board Cornwall & District Real Estate Board
Property Description
Presenting a unique opportunity to own a diversified business and residential property, featuring a garage/shop, chip stand, and two rental units, all available for purchase at a single price. This investment has the potential to generate significant revenue. The front unit, consisting of three bedrooms, generates $1,800 per month, while the rear unit, with two bedrooms, yields $1,500 per month. The owner is responsible for utility costs, including Hydro ($3,100/year), propane for the front unit ($2,300/year), and propane for the rear unit ($1,800/year). Recent upgrades include a new propane furnace in the front unit, a propane fireplace in the rear unit, a new water softener system, on-demand hot water, a replaced back deck, and new flooring in the rear unit. The shop boasts two bay doors with removable floating walls and radiant ceiling heat. The chip stand includes a water sprinkler system for fire prevention and a hoist. All other equipment and assets are excluded from this sale. An environmental report is available. Call Today !! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 15
Private Pool No
Building
Sewer Septic System
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Listed by RE/MAX AFFILIATES MARQUIS LTD.
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4