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283 MAIN STREET N
Alexandria Ontario K0C1A0 Canada

$769,900

Active Listing ID 1374621
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Multi-family

$769,900

Active Listing ID 1374621
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283 MAIN STREET N A fantastic opportunity to own an 8-Unit building in Alexandria! Close to the train station and many other amenities within walking distance. This brick building features 8 x 2-bedroom units, as well as a common laundry area in the basement. New two story porch installed in 2021, and several other upgrades in the last 3 years. One year old coin-op washer/dryer included. Gross revenue of over $74, 485 and a NOI of $51, 297! All units except one are well below market rent. Lots of room for upside! All long term tenants. Put 20-25% down and this property will cash flow from positive from day 1. Grow your investment portfolio today and thank yourself tomorrow! (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Exterior Finish: Brick
  • Heating Systems: Hot water radiator heat, Radiant heat, Natural gas
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 3/21/2024 3:20:46 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: GarretMunro, Salesperson, KELLER WILLIAMS INTEGRITY REALTY

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