400 FRANKTOWN ROAD , Carleton Place

Bed / $7,299,900 / MLS® Listing #:1296093

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ATTENTION INVESTORS! This 24 unit building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 24-unit building will provide immediate cash flow. Conveniently located in the growing town of Carleton Place just 45 minutes from downtown Ottawa and halfway between the towns of Perth, Almonte and Smiths Falls. Walking distance to parks & recreation, shopping, transit and other essential amenities. This building features an efficient electric baseboard heating system and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 36 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Income & expenses are estimated based on similar completed buildings. (id:10452)

Property Details

Property Type Multi-family
Square Feet
Maintenance N/A
Days On Our Website 179
Basement
Kitchens
Lot Dimensions 234.97 ft X 0 ft
Pool N/A
Area Carleton Place
Air Conditioning N/A
Heating Electric - Baseboard heaters
Exterior Stone, Siding
Parking Spaces 36
Sewers Municipal sewage system
Water Municipal water

Listing Office: EXP REALTY



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