$624,900 FOR SALE

Multiplex

Lot: 126 x 92 ft

2870 Colonial Road
Sarsfield, ON K0A 3E0

Priced to sell!! Welcome to an investment opportunity that you won't want to miss! This 5-plex offers potential for real estate investors with multiple units currently renting below market value, this property presents an exciting chance to increase returns & maximize profitability. Situated minutes to Orleans & Navan, this 5-plex boasts 3 two-bedroom apartments & 2 one-bedroom apartments & with a consistently full occupancy rate, ensuring a steady stream of rental income for savvy investors. Each apartment offers its own parking space & outdoor storage, enhancing the overall appeal for potential renters. 4 individual electrical meters for convenience & control. The landlord currently covers electricity for the common areas and apartments 3,4 and 5. This is your chance to capitalize on a promising real estate investment that promises consistent returns and long-term growth. Don't let this opportunity slip away - schedule a viewing now and seize the potential that awaits at this 5-plex! (id:47423)

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Listed By EXP REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1383273
Last Updated Apr 24, 2024
Property Summary
Property Type Multiplex

More like this:
Neighbourhood Sarsfield
Price History
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Detailed Information
Lot 126 x 92 ft
Listing Contract Date 2024-03-26
Management Company N/A -
Municipal ID 145420061
Ownership Type Freehold
# of Parking Spaces 8
Property Type Multi-family
Transaction Type For sale
Zoning Description V3F
Building
Constructed Date 1960
Exterior Finish Siding
Foundation Type Poured Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 2
Utility Water Drilled Well
Land
Total Size 126 ft X 92 ft
Sewer Septic System
Size of Irregular Land 126 ft X 92 ft

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