$1,099,900
Available - For Sale
Listing ID: X9516566
5054 COUNTY 10 Rd , The Nation, K0B 1G0, Ontario
| 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: | $7500.00 |
| 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: | 80.00 x 208.00 (Feet) |
| Directions/Cross Streets: | From County Rd 17, turn right onto Old Highway 17. Turn right onto County Rd 9. Turn left onto Ridge |
| 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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Simon Huang
Broker
Bus:
905-241-2222
Fax:
905-241-3333
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Prescott and Russell |
| Municipality: | The Nation |
| Neighbourhood: | 605 - The Nation Municipality |
| Lot Size: | 80.00 x 208.00(Feet) |
| Tax: | $7,500 |
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