Property Description
Exciting investment opportunity in the quaint village of North Augusta! Situated on over 1 acre of land, this property offers 6 fully renovated rental units plus a large garage space, perfect for storage or workshop---a rare find with incredible flexibility. Prime Location: Only a short drive to Brockville, Highway 401, Kemptville, Merrickville, and Ottawa. Renovated Units: Each apartment comes with appliances, outdoor storage, and its own porch (except unit 4). All but one include a propane fireplace (except unit 6) for cozy comfort. Peace of Mind: A separate utility room houses a generator that keeps power running for all 6 units and the garage - no outages to worry about. Modern Upgrades: Two brand-new septic systems and a paved driveway are already completed. Income-turnkey: Live in one unit while rental income helps pay the mortgage. Versatile Garage: A large, heated space ideal for equipment storage or a workshop. Opportunities like this are rare: a turnkey income property with built-in security, comfort, and long-term potential. Rentals all include 2 parking spots, 1 locker, heat and hydro. #1 - $525.00 (bachelor) / #2 - 1950.00 / #3 - 1800.00 / #4 - 1103.16 / #5 - 1600.00 / #6 - 1550.00 / Garage is 1800.00(or you can split and smaller side 1000.00 and 1200.00 for the bigger side)= 10,328.16 per month = 123,937.92 for the year ---------- Taxes - $8100.00 / Insurance - $7400.00 / Heating - $7348.00 / Electricity - $17,890.00 = 40,738.00 ---------------- NET INCOME is $ 83,203.52 divided by 12 net per month is approx. 6933.00 per month with current rents (id:63357)
Property Details
- Property Type
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 6
- Stories
- 1.5
- Status
- Active
Location & Neighborhood
Explore what's nearby 8350 COUNTY ROAD 15 ROAD
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