Turnkey five-unit apartment building has 6 cap rate and added investment opportunity of an adjoining lot. Well-maintained building fully rented with some long-term tenants who keep their units clean, neat and tidy. Four of five units fully renovated and updated. Two main floor units have their own entry: one main floor unit has large bedroom, bathroom and finished lower level family room, laundry room and storage. The other has two bedrooms and bathroom with laundry facilities. Three upper units also have their own entry and shared laundry facilities in upper hall. One upper unit has 2 bedrooms and bathroom. Second and third units each have one bedroom and bathroom. Natural gas furnace and hot water tank approx 6 yr. Included is adjoining lot with 5 parking places for tenants; plus, two visitor spaces. This adjoining lot is great development investment with potential for another residential building. Located in family-friendly Carleton Place. Easy access to Hwy 7 and 20 mins to Ottawa. (id:20425)
MLS® Number | 1278587 |
Property Type | Multi-family |
Neigbourhood | Carleton Place |
Parking Space Total | 8 |
Cooling Type | Unknown |
Exterior Finish | Brick, Vinyl |
Fireplace Present | No |
Foundation Type | Poured Concrete, Stone |
Heating Fuel | Natural Gas, Electric |
Heating Type | Baseboard Heaters, Forced Air |
Stories Total | 2 |
Utility Water | Municipal Water |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 93 Ft ,3 In |
Size Frontage | 52 Ft ,8 In |
Size Irregular | 52.66 Ft X 93.25 Ft |
Size Total Text | 52.66 Ft X 93.25 Ft |
Zoning Description | Community Commercial |
https://www.realtor.ca/real-estate/24175975/61-lake-avenue-w-carleton-place-carleton-place
Contact us for more information
Stephanie Mols
Salesperson
(613) 253-2121
(613) 253-2109
Denise Johnston
Salesperson
(613) 622-7759
(613) 622-5948