St. Lawrence River (Prescott, Ontario, CA - K0E 1T0 ) Built

$1,099,900

Royal LePage Gale Real Estate

Cathie Lively, Broker Cathie Lively, Broker 613 723 5300 (Office) Request More Info

  • Type: Commercial
  • Style: Multiplex "11 units "
  • Bedrooms: 21
  • Bathrooms: 11
  • Development Level: Built
  • Lot Size: 85.99ft x 83ft
  • Year Built: 1960 "Approx"
  • Taxes: $11,000.00 (2019)
  • MLS ® #: 1181740

Description

Well maintained and managed 11 Unit building in downtown Prescott, one block from King Street. One 1-bedroom unit and Ten 2-bedroom units, all fully rented! Gas boiler system-2012. Flat roof, half done - 2012 & other half 2016. Upgraded plumbing & electrical. Coinamatic income producing washer & dryer. Installed 3 wall mounted gas heaters in 3 units in 2015. Rents for apartments 1, 2, 4, 5, 6, 8, 9, 10, and 11 are inclusive of all utilities. 2 Units pay their own Hydro and Sewer & water. Current owners have renovated units and increased rents. Walking distance to shops, restaurants, banks, the LCBO, Shoppers, & the waterfront. Perfect location for tenants! Giant Tiger has their new warehouse in Johnstown just minutes from Prescott. **Proposed in-door water park & resort to be built just minutes away. Close to Brockville, bridge to USA, 40 minutes to Barrhaven & approximately 1 hour from downtown Ottawa. 48 Hours notice for showings. 3 Parking spots but plenty of street parking.

Attachments

Highlights

  • Newer Roof - 2012 & 2016. Upgraded plumbing and electrical to units since purchased in 2014. Coinamatic washer & dryer 2014. Newer fridge and stove in 8 units. Installed 3 new wall mounted gas heaters
Brokered and Advertised by : Capital Homes Realty Inc., Brokerage
P2#370689329
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Information is deemed to be correct but not guaranteed.

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