misc.invest.misc, realtynet.canada-intl, misc.consumers.house, va.forsale,
25 Unit Building, New Roof, Retrofitted, Absentee Landlord, High Return
More photos at http://www.anykindjob.com/building.html Price: $625,000 CDN (approx. $570,000 USD). Proforma 17%+ Cap rate when fully rented. Located in downtown Smiths Falls, Ontario, Canada. 40 mins to Ottawa. Smiths Falls is the chocolate capital of East Canada and a popular tourist destination. The property is in walking distance to all amenities. Over 21,000 square foot interior space. Currently 13 apartments (own kitchen, bathrm), 1 large commercial tenant (bar & grill), 1 additional commercial space, 2 offices and 8 single residential units (share bathrooms and common areas), and numerous storage rooms. Always well rented. Excellent return. Masonary structure. New roof ($30K) in Dec 2003. Building was completely fire retrofitted in 2005 (over $80K) and had numerous improvements. High ceiling between the floors, large room windows, wide stairs, mosaic windows, beautiful antique modelings. Full size full height basement. Advanced alarm system thoughout the building. Recognized for its architect beauty. Lots of potential. High resolution color security camera system monitors entire building's public areas and records views and sounds 24 hours (with $30-40/m can be seen by absentee owner via Internet). Property management company available for absentee owner. Website and contact info: http://www.anykindjob.com/building.html [Serious inquiry only. Please use the contact info provided. Do not reply here.] |
All times are GMT +1. The time now is 04:09 PM. |
Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 DIYbanter