80% Occupancy with 4 out of 5 Units Tenanted. The property is comprised of 5 rental units (main floor) and a separate partially finished lower level. 4 Residential Units, 1 Commercial Unit. Mixed Use Building. Unit 1 ($1550/mo) Unit 2 ($1550/mo), Unit 3 ($1537.50/mo), Unit 4 VACANT, Unit 5 (COMM) ($1,200/mo). More Potential Income Possibility (Parking and Storage). COMM Net Lease (Unit 5) - tenant pays electricity, insurance, internet, and phone. RES Tenants pay: electricity, internet, phone, and tenant insurance. Landlord pays for water, propane and building insurance. |
Price | $775,000 |
Taxes: | $3469.00 |
Occupancy by: | Tenant |
Address: | 54 LABROSSE St , North Stormont, K0C 1W0, Ontario |
Postal Code: | K0C 1W0 |
Province/State: | Ontario |
Legal Description: | LT 3 PL 66; NORTH STORMONT |
Lot Size: | 90.00 x 198.00 (Feet) |
Directions/Cross Streets: | South of 417 on Hwy # 138 to McLean Rd, right onto McLean Rd which then turns into Labrosse Street, |
Category: | Apartment |
Insurance Expense: | $5561 |
Water Expense: | $5676 |
Gross Income/Sales: | $104400 |
Operating Expenses: | $21989 |
Net Income Before Debt: | $83476 |
Heat Type: | Baseboard |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX HALLMARK REALTY GROUP |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Stormont, Dundas and Glengarry |
Municipality: | North Stormont |
Neighbourhood: | 710 - Moose Creek |
Lot Size: | 90.00 x 198.00(Feet) |
Tax: | $3,469 |