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Home > Archive > Real Estate Investing > June 2006 > Only $625000, 25 Unit Building, High Return, Investment or Own Use, New Roof, Retrofitted,
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Only $625000, 25 Unit Building, High Return, Investment or Own Use, New Roof, Retrofitted,
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| building for sale 2006-06-26, 3:25 am |
| Only $625000, 25 Unit Building, High Return, Investment or Own Use, New
Roof, Retrofitted,
More photos at http://www.anykindjob.com/building.html Price: $625,000
Canadian dollars(approx. $570,000 USD). Located in downtown Smiths
Falls, Ontario, Canada. 40 mins to Ottawa. Smiths Falls is the
chocolate capital of East Canada and a popular tourist destination. The
property is in walking distance to all amenities. Over 21,000 square
foot interior space. Currently 13 apartments with own bathroom,
kitchen, 1 large commercial tenant (bar & grill), 1 additional
commercial space, 1 office and 9 large residential rooms (share
bathrooms and common areas), and numerous storage rooms. Always well
rented. Excellent return. Masonary structure. New roof ($30K) in Dec
2003. Building was completely fire retrofitted in 2005 (over $80K) and
had numerous improvements. Ground floor 16 feet ceiling, large windows,
wide stairs, mosaic windows, beautiful antique modelings. Full size
full height basement. Advanced alarm system thoughout the building.
Recognized for its architect beauty. Lots of potential. High resolution
color security camera system monitors entire building's public areas
and records views and sounds 24 hours (with $30-40/m can be seen by
absentee owner via Internet). Property management company available for
absentee owner.
Website and contact info: http://www.anykindjob.com/building.html
[Serious inquiry only. Please use the contact info provided. Do not
reply here.]
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