|
Home > Archive > Real Estate Investing > September 2006 > For Sale: Ontario Multi-unit (25 units) apartments with commercial building, High Return, Investmen
You are viewing an archived Text-only version of the thread.
To view this thread in it's original format and/or if you want to reply to
this thread please [click here]
| Author |
For Sale: Ontario Multi-unit (25 units) apartments with commercial building, High Return, Investmen
|
|
|
| More photos at http://www.anykindjob.com/building.html Price: Only
$595,000 Canadian dollars Building in good condition with double digit
rate of return (net). Located in downtown Smiths Falls, 40 mins drive
to Ottawa, 30 mins to Kanata. Walk to all amenities and businesses.
Over 21,000 square foot interior space. Currently 13 apartments (own
kitchen, bathrm), one large commercial tenant (bar & grill, racetrack
betting), 1 additional commercial space, 2 offices, and 8 single
residential units (shared bathrm), and numerous storage rooms. Masonary
structure. Huge improvements in last two years including new roof
($30K) in Dec 2003. Building was completely fire retrofitted in 2005
(over $80K) and had numerous other improvements. 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). High ceiling between the floors, large
room windows, wide stairs, mosaic windows, beautiful antique modelings.
Full size full height basement. Gas-fired boiler is upgraded in 2006.
No other works arre needed. Sell for less than the building value.
Website and contact info: http://www.anykindjob.com/building.html
[Serious inquiry only. Please use the contact info provided. Do not
reply here.]
|
|
|
|
|