3874 Champlain Road Clarence-Rockland, Ontario K0A 1E0
$819,000
Welcome to 3874 Champlain Street. 6.8% CAP! This well-maintained 7-UNIT multi-residential property on 0.648 acres of land offers a strong investment opportunity with stable income and long-term potential and is offered at only $117,000/unit. The building consists of six (6) 2-bedroom units and one (1) 3-bedroom unit, all currently tenanted. Extensive updates have been completed, including a new roof (2023) and siding, updated plumbing and electrical systems, upgraded septic system (2012), and the installation of a new boiler along with tankless hot water systems. The property features a large timber frame foundation and operates on a single hydro meter. Six (6) storage lockers are included for tenant use. This offering presents a solid income-generating asset and is well-suited for investors seeking a turnkey, fully leased multi-unit property. Opportunity exists to increase revenues and further enhance returns through rental optimization! (id:39840)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X13050710 |
| Property Type | Multi-family |
| Community Name | 607 - Clarence/Rockland Twp |
| Features | Irregular Lot Size |
| Parking Space Total | 7 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 5232 Sqft |
| Size Interior | 5,232 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 209 Ft |
| Size Frontage | 134 Ft |
| Size Irregular | Bldg=134 X 209 Ft |
| Size Total Text | Bldg=134 X 209 Ft |
| Zoning Description | 7.1.3 |
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April 28 2026 01:34:01
Ottawa Real Estate Board
Royal LePage Integrity Realty