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85 ST JOHN ST Alfred ( Ontario, CA - K0B 1A0 ) Built

$2,499,900

Bridgecan Realty Corp., Brokerage

Gary Nusca CCIM CIPS Broker Gary Nusca CCIM CIPS Broker 905-526-7551 (Office) 416-214-4875 (Cell) Request More Info

  • Type: Commercial
  • Style: Commercial "12 Unit Multi Unit building "
  • Bedrooms: 12
  • Bathrooms: 12
  • Development Level: Built
  • Lot Size: 140.09ft x 190.78ft
  • Year Built: 2020 "New"
  • Taxes: $17,500.00 (2020)
  • MLS ® #: 1194431

Description

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!

Attachments

Brokered and Advertised by : Capital Homes Realty Inc., Brokerage
P2#393264235
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Information is deemed to be correct but not guaranteed.

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