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Attention Investors! 3-storey,16 unit building being built by a QUALITY BUILDER with a successful portfolio. Immediate cash flow. Conveniently located in the growing town of Prescott just 45minutes south of Ottawa. Efficient hot water boiler system. ERV's (energy recovery) in each unit,17 hydro meters (tenants pay in-unit hydro costs),ELEVATOR,18 parking spots incl disabled,40-year fiberglass shingles. 4 x 3 bedrooms,10 x 2 bedrooms 2 x 1 bedrooms. Indoor parking. Great management team in place. Income generating Laundry facilities with coinamatic card operated machines. Located a short distance to schools,grocery stores,shopping,golf,the marina on the St. Lawrence River & medical offices. Great community for retirees with a slower pace to life! Would even be great as an owner occupied rental property! Expenses and income are estimated based on similar completed buildings. To be built,currently under construction,will be 100% tenanted on closing! CIP program eligible. (id:24093)
Listed by Edmundo Roa of EXP REALTY

Property Details of 171 King Street W

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"Based on information submitted to CREA as of October 27, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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