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Amazing opportunity to get into real estate investment! This 5-plex has lots of upside potential with many of the rents being below market value. this 5-plex offers 3-2 bedrm apt's and 2-1 bedrm apt's. Located only minutes to Orleans and Navan, this 5-plex is always full. Each apt has its own parking and outside storage. 4 electrical meters, Fire-retrofit has been done. Only Apt 3 and basement can be seen. After an accepted offer buyer can view all apt's. Apt 3 is vacant but can be rented for $1150 or more plus utilities . Apt 1 Rent $806 plus util. 2 bedrm 1 bath Ten. approx 3 yrs Apt 2 Rent $713.15 plus util. 2 bedrm 1 bath Ten. approx 15yrs. 2 Bedrm 1 bath. Apt 4 Rent $797.47 incl. util. 1 Bedrm no laundry Ten. aprox 1 yr Apt 5 Rent $701.75 Incl. Util. 1 bedrm no laundry Ten. Approx 8 yrs Landlord pays common area and Apt 4 and 5 Electricity. Do not miss this opportunity! (id:24093)
Listed by Sylvain Bourgon of RE/MAX HALLMARK REALTY GROUP

Property Details of 2870 Colonial Road

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"Based on information submitted to CREA as of October 21, 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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