ATTENTION INVESTERS!! Unique opportunity awaits you just outside the village of Green Valley. This 7-plex has a CAP RATE OF 10.1%!! One of the lower paying tenants is moving out on July 1st so that will increase the cap rate.There are two residential properties and a garage located on 3.5 acres. The main unit is a 2-storey house that has four apartments. The second building is home to three apartments. A garage is rented to one of the apartment tenants. All units have tenants and require a minimum of 24 hours' notice for showings. This property is less than ten minutes to Alexandria and has easy access to both the 401 and the 417 highways. The Net Operating Income is $70,418.
MLS # | X11904391 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Price Change |
Days On Site | 172 |
Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | X11904391 480500 |
Cooling | Partial |
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Property | 6208 |
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Province | ON |
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County | Stormont, Dundas and Glengarry |
City | Green Valley |
Postal Code | K0C |
Area | 723 South Glengarry (Charlottenburgh) Twp |
Listing VS Median (in K0C) | |
Price: $699,000 low | high Med: $1,049,000 On site: 172 low | high Med: 202.000000 |