Attention Investors! Legal 5 Plex in Carleton Place, turn key and great cashflow. Incredible location, A stone's throw away to downtown shops and restaurants, Hospital, Schools, Landmarks. This Property consists of 3 easy to manage, 1bedroom units and 2 large 2bedroom units. Tenants have been vetted and are excellent! The building is well appointed on a large 77’ X 204’ lot with plenty of parking, possibility of future development/expansion. This building has been totally renovated in 2021 with proper building permits to comply with modern building and fire codes. Ideal property for a long-term investor looking to add a low maintenance property to their investment portfolio. Financials available upon request, Offered for sale at a 6.2% cap rate. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
77 x 204 ft
Listing Contract Date
2024-04-13
Management Company
Self Managed -
Municipal ID
053030160
Ownership Type
Freehold
# of Parking Spaces
9
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
5 Plex
Building
Exterior Finish
Siding
Foundation Type
Stone
Heating Fuel
Natural gas
Stories Total
2
Utility Water
Municipal water
Land
Total Size
0.36 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.36
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