42 BRIDGE Street, Almonte, Ontario K0A1A0
Listing courtesy of ROYAL LEPAGE TEAM REALTY.
- $1,200,000
- List Price
- $1,200,000
- MLS®
- 1363277
- Days on Market
- 61
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Lot Size Dimensions
- 40 ft X 135 ft (Irregular Lot)
- Subdivision
- Almonte
Property Description
Welcome to 42 Bridge Street, Almonte, An iconic 1886 stone building that was fully renewed, back to the studs in 2016 by the current owner. This modern 8 unit building features updated heating, electrical, windows, kitchens, bathrooms and flooring. Mature, solid tenant mix with very little turnover consisting of 3 one bedroom apartments and 5 two bedroom apartments, each separately metered with its own stove, fridge, washer and dryer. Rents are considerably below market which means there is considerable upside on tenant turnover. Parking for 6 cars and ample storage in the unfinished lower level. Prime downtown Almonte location. Gross rent: $104,100, operating expenses: $37,990 = Net Operating Income: $66,110 (id:5764)
/u.realgeeks.media/agentinottawa/i-want-to-see-this-listing.png)
Additional Information
- Ownership
- Freehold
- Subdivision
- Almonte
- Parking Spaces
- 6
- Country
- Canada
- Heating
- Forced air, Ground Source Heat, Natural gas
- Total Number Of Units
- 8
- Stories
- 3
