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$2,550,000

Jul 14Multiplex For Sale
bedrooms0bed
washrooms0bath
MLS - #X12283993

3842 Gary Street, North Glengarry, ON K0C 1A0

0
Similar Homes Found
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Average Price
255000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Multiplex

Lot size

25-49.99 acres

Style

Bungalow

Approx. Area

N/A

About 3842 Gary Street

WOW! Just over $208,000 in annual gross income in Alexandria!! Solid, low-maintenance investment property now available with this excellent income-generating mobile home park in Alexandria. This 28 acre lot contains 47 mobile homes with land leases. Land tenants own their mobile homes in this very nice and quiet community. The owner is responsible for road, water and septic maintenance (infrastructure). There are drilled wells (14) to supply all mobile homes and each home has it's own septic system. This is an excellent opportunity which has no vacancy loss with a 100% occupancy rate as tenants do not want to risk losing their investment. Mobile home parks offer low maintenance costs because each tenant is responsible for their home, which also leads to low insurance costs for the park owner. Alexandria is a large town with all amenities including shopping, hospital and anything else you might need! Situated 1 hour from Montreal and 1hr from Ottawa. With the current demand for housing, this affordable option for housing is sure to attract clientele in the long-term! Ask for the information package!

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

None

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE TEAM REALTY

Additional Details

Basement:None
Cooling:None
Heating:Other
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 3842 Gary Street

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