191 Castor Street, Russell
191 Castor Street, Russell
×
27 Photos
- MLS®: 1378535
- Type: Townhouse
- Added: 65 days ago
Property Details
Discover an outstanding residential and commercial investment in Russell, boasting a spacious 4800 sqft all brick building with a basement area. Currently, the main floor hosts four leased commercial units, while upstairs features three apartments: two 2-bedroom and one 3-bedroom. The basement includes pay laundry facilities and individual storage lockers for each unit. With a large heat pump boiler system ensuring efficiency, this property offers 26 parking spots and a compelling 5.9% cap rate. Gross Operating Income stands at $122,118 (excluding Commercial HST), with Operating Expenses of $33,401.15, resulting in a Net Operating Income of $88,716.85 (excluding Commercial HST). Commercial AC Units x 4 replaced in 2022. With its prime location and high rental demand, this investment opportunity in Russell is not to be missed. Schedule a viewing today to secure your position in this flourishing market. (id:1945)
Best Mortgage Rates
Property Information
- Sewer: Municipal sewage system
- Cooling: Central air conditioning
- Heating: Heat Pump, Forced air, Natural gas
- List AOR: Ottawa
- Stories: 2
- Tax Year: 2023
- Year Built: 1995
- Photos Count: 27
- Water Source: Municipal water
- Parcel Number: 690730501
- Parking Total: 26
- Common Interest: Freehold
- Association Name: N/A -
- Tax Annual Amount: 11314
- Exterior Features: Brick
- Foundation Details: Poured Concrete
- Lot Size Dimensions: 125 ft X 100 ft
- Zoning Description: 471
- Number Of Units Total: 7
This listing content provided by REALTOR.ca has
been licensed by REALTOR® members of The Canadian Real Estate Association |
---|
Nearby Places
191 Castor Street mortgage payment