12
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$699,000
Est. payment /mo
Active
4459 County Rd 34 RD South Glengarry, ON K0C 1A0
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 723 - South Glengarry (Charlottenburgh) Twp
MLS Listing ID X11904391
Annual Tax Amount $6,208
Tax Year 2024
Property Sub-Type Investment
Property Description
ATTENTION INVESTERS!! Unique opportunity awaits you just outside the village of Green Valley. This 7-plex has a CAP RATE OF 10.1%!! One of the lower paying tenants is moving out on July 1st so that will increase the cap rate.There are two residential properties and a garage located on 3.5 acres. The main unit is a 2-storey house that has four apartments. The second building is home to three apartments. A garage is rented to one of the apartment tenants. All units have tenants and require a minimum of 24 hours' notice for showings. This property is less than ten minutes to Alexandria and has easy access to both the 401 and the 417 highways. The Net Operating Income is $70,418.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 723 - South Glengarry (Charlottenburgh) Twp
Area Stormont, Dundas And Glengarry
Interior
Cooling Partial
Exterior
Utilities Available Yes
Listed by RE/MAX AFFILIATES MARQUIS LTD.