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Excellent opportuniuty to get into the investing game. Solid 11 unit apartment building loacted in great rental market, walking distance to downtown, historic Rideau Canal, parks,schools and churches with plenty of parking. Several units recently renovated, rubber membrane flat roof 10 yrs old, 7 single car garages generate extra income and onsite laundry managed by Coin-a-matic. Some units are below market rent providing massive opportunity to increase revenue and future value. Centrally located between Ottawa, Kingston, Brockville and Carleton Place helps make this area an extremely popular rental market for young and old. There is a huge shortage of rental units driving up demand so now is the time to get into game and start creating passive income. (id:24093)
Listed by Ken Beaton of EXP REALTY

Property Details of 11 River Street

Property Details

Utilities and Appliances

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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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