Address
283 MAIN STREET N, Alexandria, ON
Price
$ 769,900
Property Attributes
  • ID#1374621
  • TypeMulti-Family
  • CountyCORNWALL
  • CityAlexandria
  • NeighborhoodAlexandria
  • ZipK0C 1A0
  • Style
  • Price$ 769,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
RLP - CREA EN
Property Description

A fantastic opportunity to own an 8-Unit building in Alexandria! Close to the train station and many other amenities within walking distance. This brick building features 8 x 2-bedroom units, as well as a common laundry area in the basement. New two story porch installed in 2021, and several other upgrades in the last 3 years. One year old coin-op washer/dryer included. Gross revenue of over $74,485 and a NOI of $51,297! All units except one are well below market rent. Lots of room for upside! All long term tenants. Put 20-25% down and this property will cash flow from positive from day 1. Grow your investment portfolio today and thank yourself tomorrow! (id:27)

General Features

Zoning General Commercial
Terms SALE
Neighbourhood Alexandria
Parking yes
Property Type Multi-family
Sewer Municipal sewage system
Parking Spaces 7
Property Title Freehold

Interior Features

Foundation Type Poured Concrete,Stone
Heating Fuel Natural gas
Heating Type Hot water radiator heat,Radiant heat

Exterior Features

Exterior Finish Brick
Lot Frontage 58.0
Lot Size 58 ft X 120 ft

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K0C 1A0

Price
AVG $1.37M
$770K
Visits
AVG 119
69
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1900