283 MAIN STREET N, Alexandria, Ontario, K0C 1A0

$769,900

MLS® # 1374621

Investment For Sale In Alexandria, Ontario

$769,900

Property Information:

A fantastic opportunity to own an 8-Unit building in Alexandria! Close to the train station and many other amenities within walking distance. This brick building features 8 x 2-bedroom units, as well as a common laundry area in the basement. New two story porch installed in 2021, and several other upgrades in the last 3 years. One year old coin-op washer/dryer included. Gross revenue of over $74,485 and a NOI of $51,297! All units except one are well below market rent. Lots of room for upside! All long term tenants. Put 20-25% down and this property will cash flow from positive from day 1. Grow your investment portfolio today and thank yourself tomorrow! (id:27)

Building Features:

  • Style: Multiplex
  • Exterior Finish: Brick
  • Foundation Type: Poured Concrete, Stone
  • Heating Type: Hot water radiator heat, Radiant heat
  • Heating Fuel: Natural gas

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1900
  • Irregular: Yes
  • Lot Depth: 120.0 Feet
  • Lot Frontage: 58.0 Feet
  • Lot Size: 58 ft X 120 ft
  • Zoning: General Commercial
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 7

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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