Property TypeMulti-family | Built in2023 |
ATTENTION INVESTORS! Newly constructed 44-Unit building. Incredible income producing property in the growing town of Russell. This building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 44-unit building will produce immediate cash flow. Conveniently located in the growing town of Russell just 40 minutes from downtown Ottawa. Features include efficient electric baseboard heating systems and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 59 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Located in the growing bedroom community of Russell, On, 40 minutes from downtown Ottawa and within the Nation's Capital region. Minutes to the similar community of Embrun and Ottawa's other east end neighbourhoods. All numbers are estimated from previous developments, pls inquire. (id:46094) |
Management CompanyEOPMG - 613-918-0145 | OwnershipFreehold |
Parking Spaces59 | TransactionFor sale |
Zoning DescriptionR3 |
Constructed Date2023 | Exterior FinishStone, Siding |
Bathrooms (Half)0 | Bathrooms (Total)0 |
Heating FuelElectric | HeatingBaseboard heaters |
Storeys Total3 | Utility WaterMunicipal water |
Size Frontage224 ft ,9 in | SewerMunicipal sewage system |
Size Depth301 ft ,9 in | Size Irregular224.74 ft X 301.77 ft |
Listing Office: EXP REALTY
Data Provided by Ottawa Real Estate Board
Last Modified :03/06/2022 09:11:59 AM
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