987 NORTH RUSSELL ROAD, Russell, Ontario, K4R1C7
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)


Details
Management CompanyEOPMG - 613-918-0145 OwnershipFreehold
Parking Spaces59 TransactionFor sale
Zoning DescriptionR3
Building
Constructed Date2023 Exterior FinishStone, Siding
Bathrooms (Half)0 Bathrooms (Total)0
Heating FuelElectric HeatingBaseboard heaters
Storeys Total3 Utility WaterMunicipal water
Land
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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