12170 County 3 Road North Dundas, Ontario K0C 2K0

0 - 699 ft2
Other

$379,900

Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,084 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $640 per year. Connected to the city water supply Please note that the negotiation margin is low. (id:39840)

Property Details

MLS® Number X12149114
Property Type Multi-family
Community Name 706 - Winchester
Community Features School Bus
Features Irregular Lot Size
Parking Space Total 12

Building

Heating Type Other
Size Interior 0 - 699 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Septic System
Size Depth 199 Ft ,2 In
Size Frontage 299 Ft ,6 In
Size Irregular 299.5 X 199.2 Ft
Size Total Text 299.5 X 199.2 Ft
Zoning Description R1-1

https://www.realtor.ca/real-estate/28314035/12170-county-3-road-north-dundas-706-winchester

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