$789,900

Investment For Sale In Russell, Ontario

$789,900

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Basement Development: Finished
  • Basement Type: Full

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 176.0 Feet
  • Lot Frontage: 53.0 Feet
  • Lot Size: Unit=53 x 176 FT ; 0
  • Zoning: Commercial
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 6

Courtesy of: REAL BROKER ONTARIO LTD.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.