85 ST JOHN ST Alfred ( Ontario, CA - K0B 1A0 ) Built

$2,499,900

Details Realty Inc., Brokerage

Barb Taylor, Sales Rep. Barb Taylor, Sales Rep. 613-889-5442 (Office) 613-889-5442 (Cell) Request More Info

  • 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

Description

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!

Attachments

Brokered and Advertised by : Capital Homes Realty Inc., Brokerage
P2#393264235
top
Information is deemed to be correct but not guaranteed.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.