$789,900
Available - For Sale
Listing ID: X9515835
978 NOTRE-DAME St , Russell, K0A 1W0, Ontario
| 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: | $4680.00 |
| 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: | 53.00 x 176.00 (Feet) |
| Directions/Cross Streets: | Right on the main road of Notre-Dame in Embrun |
| 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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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REAL BROKER ONTARIO LTD. |
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Simon Huang
Broker
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905-241-2222
Fax:
905-241-3333
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At a Glance:
| Type: | Com - Investment |
| Area: | Prescott and Russell |
| Municipality: | Russell |
| Neighbourhood: | 602 - Embrun |
| Lot Size: | 53.00 x 176.00(Feet) |
| Tax: | $4,680 |
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