Alfred, Lefaivre and area listings

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85 ST JOHN STREET
Alfred Alfred K0B1A0

$2,499,900
Multi-family baths: 0.0 built: 2020

Main Photo: 85 ST JOHN STREET in Alfred: Multi-family for sale : MLS®# 1194431
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1194431
Year Built:
2020
Attention Investors! BRAND NEW, 3-STOREY, 12 UNIT BUILDING. Built by a PREMIUM BUILDER with a successful portfolio. Immediate CASH FLOW with an estimated 5.2% CAP RATE. Completed as of July 1, 2020. & FULLY LEASED on closing! Conveniently located in the growing town of Alfred just east of Ottawa. 12 modern units with a mix 1, 2, & 3 bedroom units. Efficient hot water boiler system. ERV's (energy recovery) in each unit, 13 hydro meters (tenants pay in-unit hydro costs), ELEVATOR, 25 PARKING SPOTS incl. visitor and disabled parking, 40-year fiberglass shingles. Each apartment will be equipped with a fridge, stove, & dishwasher. Great management team in place. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to schools, grocery stores, shopping, & medical offices. Expenses are estimated based on similar completed buildings. OWN THIS BRAND NEW ASSET TODAY! (id:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Zoning:
Multi-Unit
Ownership Type:
Freehold
Property Management Company:
EOPMG -
Community:
Alfred
Number of bathrooms:
0.0
Half Bathrooms:
0
Exterior Finish:
Brick
Fireplace:
No
Foundation:
Poured Concrete
Heating:
Hot water radiator heat
Heating Fuel:
Natural gas
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Frontage:
140'
Lot Depth:
190'
Acreage:
No
Lot Size:
140.09 ft X 190.78 ft
Lot Details:
140.09 ft X 190.78 ft
Total Parking Spaces:
25
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Data was last updated September 19, 2020 at 11:15 PM (UTC)
JOHN  CLOUSTON
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