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ATTENTION INVESTORS! This 24 unit building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 24-unit building will provide immediate cash flow. Conveniently located in the growing town of Carleton Place just 45 minutes from downtown Ottawa and halfway between the towns of Perth, Almonte and Smiths Falls. Walking distance to parks & recreation, shopping, transit and other essential amenities. This building features an efficient electric baseboard heating system and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 36 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Income & expenses are estimated based on similar completed buildings. (id:24093)
Listed by Edmundo Roa of EXP REALTY

Property Details of 400 Franktown Road

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"Based on information submitted to CREA as of December 2, 2022 . 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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