24 Asa Street Downtown Kemptville (Kemptville, Ontario, CA - K0G 1J0) Built

$799,900
Great Income Potential in this 5 Plex Residential

EXP REALTY CANADA

Barbara MacEachern Barbara MacEachern 613-258-6393 (Office) 613-258-6393 (Office) 613-322-5533 (Cell) Request More Info

  • 5 Already Rented Apartment Units
  • Type: Multifamily
  • Style: 2 Story
  • Bedrooms: 6
  • Bathrooms: 5
  • Size: 11,070 sq. ft.
  • Development Level: Built
  • MLS ® #: 1235761
  • Basement: Yes

Description

Here's your chance to own a small multi family building in the heart of Kemptville. A rural town located just south of Ottawa. You'll find a treasure in this lovely Red Brick 2 story residential building and it has 5 already rented apartments. 2 - 2 bedroom units and 2 1 bedroom units and 1 bachelor unit. a yearly rental income of approx $50,000. The lot size is 90ft x 123ft and allows for a potential severance off the back. The Seller has spoke with the planning dept and believes that it could be approved. There is a storage unit currently at the back of the property The investment potential is huge....North Grenville has such a short supply of good rentals. There's potential to add more units on the back if a severance is not desired. With Covid restrictions in place, the Seller will require an offer to purchase prior to viewing the rental units. Photos are of the units between tenants. Don't miss clicking on the Drone Tour!!! Call for details
The Seller reserves the right not to respond to offers any earlier than 4:00pm on the 28th of April, 2021.

Attachments

P2#444784430
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