31 Townline Road E, Carleton Place, ON, K7C 2C8 - investment for sale | Listing ID 1386274

31 TOWNLINE ROAD E, Carleton Place, Ontario, K7C 2C8 Map Image

Investment For Sale In Carleton Place, Ontario

$1,150,000

Property Information:

Attention Investors! Legal 5 Plex in Carleton Place, turn key and great cashflow. Incredible location, A stone's throw away to downtown shops and restaurants, Hospital, Schools, Landmarks. This Property consists of 3 easy to manage, 1bedroom units and 2 large 2bedroom units. Tenants have been vetted and are excellent! The building is well appointed on a large 77’ X 204’ lot with plenty of parking, possibility of future development/expansion. This building has been totally renovated in 2021 with proper building permits to comply with modern building and fire codes. Ideal property for a long-term investor looking to add a low maintenance property to their investment portfolio. Financials available upon request, Offered for sale at a 6.2% cap rate. (id:27)

Building Features:

Style: Multiplex
Exterior Finish: Siding
Foundation Type: Stone
Heating Fuel: Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Lot Depth: 204.0 Feet
Lot Frontage: 77.0 Feet
Zoning: 5 Plex
Sewer: Municipal sewage system
No. of Parking Spaces: 9

Courtesy of: RIGHT AT HOME REALTY

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