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$ 650,000
Est. payment | /mo
$ 650,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X11904391
Annual Tax Amount $6,208
Tax Year 2024
Property Description
ATTENTION INVESTERS!! Unique opportunity awaits you just outside the village of Green Valley. This 7-plex has a CAP RATE OF 9.71%!! 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.
Location
State ON
County Stormont, Dundas And Glengarry
Community 724 - South Glengarry (Lancaster) Twp
Area Stormont, Dundas And Glengarry
Zoning COMMERCIAL/RESIDENTIAL
Region 724 - South Glengarry (Lancaster) Twp
City Region 724 - South Glengarry (Lancaster) Twp
Interior
Cooling Partial
Inclusions NONE
Exterior
Utilities Available Yes
Lot Depth -36.0
Listed by RE/MAX AFFILIATES MARQUIS LTD.