85 ST JOHN ST
K0B 1A0 )
- Type: Commercial
- Style: Commercial "12 Unit Multi Unit building "
- Bedrooms: 12
- Bathrooms: 12
- Development Level: Built
- Lot Size: 140.09ft x 190.78ft
- Year Built: 2020 "New"
- Taxes: $17,500.00 (2020)
- MLS ® #: 1194431
Attention Investors! BRAND NEW, 3-STOREY, 12 UNIT BUILDING. Built by a PREMIUM BUILDER with a successful portfolio. Immediate CASH FLOW with an estimated 5.2% CAP RATE. Completed as of July 1, 2020. & FULLY LEASED on closing! Conveniently located in the growing town of Alfred just east of Ottawa. 12 modern units with a mix 1, 2, & 3 bedroom units. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 13 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 25 PARKING SPOTS incl. visitor and disabled parking, 40-year fiberglass shingles. Each apartment will be equipped with a fridge, stove, & dishwasher. Great management team in place. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to schools, grocery stores, shopping, & medical offices. Expenses are estimated based on similar completed buildings. OWN THIS BRAND NEW ASSET TODAY!
Information is deemed to be correct but not guaranteed.
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