$379,900
Available - For Sale
Listing ID: X12149112
12170 County 3 Road , North Dundas, K0C 2K0, Stormont, Dundas
| Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,084 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $640 per year. Connected to the city water supply Please note that the negotiation margin is low. |
| Price | $379,900 |
| Taxes: | $2502.48 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 12170 County 3 Road , North Dundas, K0C 2K0, Stormont, Dundas |
| Postal Code: | K0C 2K0 |
| Province/State: | Stormont, Dundas |
| Legal Description: | PT LT 4 CON 7 WINCHESTER PT 1, 8R4588; N |
| Directions/Cross Streets: | Ottawa St and North St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Category: | Accommodation |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 1.32 |
| Total Area Code: | Acres |
| Financial Statement: | F |
| Franchise: | F |
| Water Expense: | $414 |
| Net Income Before Debt: | $22166 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
$
%
Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE TEAM REALTY |
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At a Glance:
| Type: | Com - Investment |
| Area: | Stormont, Dundas and Glengarry |
| Municipality: | North Dundas |
| Neighbourhood: | 706 - Winchester |
| Tax: | $2,502.48 |
| Fireplace: | N |
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