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6610 Fourth Line Road North Gower, Ontario K0A 2T0

Forced Air

$1,650,000

Here's an incredible opportunity to own a well diversified, mix use turnkey rental property. Despite the fact that this property is not operating at full capacity, this property is still generating a very healthy revenue. This property boasts, 4 tasteful and spacious residential rental properties (one of which is a single family home attached to the main building), one beautiful turnkey commercial retail unit, 3 separate bays offering a combined approx. 3,000 square feet of storage rental space and a huge lot with ample parking for tenants, employees, customers and anyone who may want to rent parking spaces. The building has enjoyed some amazing long-term tenants which means rents have a ton of room to improve which makes any future refinance a dream as value will drastically increase once those rents turnover but the upside is not priced in! To make this deal sweeter, it sits on a huge lot on one of the best streets in the area which means, great future development opportunity! (id:39840)

Property Details

MLS® Number 1303306
Property Type Multi-family
Neigbourhood North gower
Parking Space Total 10

Building

Constructed Date 1967
Exterior Finish Brick, Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Utility Water Drilled Well

Land

Acreage No
Size Depth 122 Ft ,2 In
Size Frontage 166 Ft ,8 In
Size Irregular 166.64 Ft X 122.17 Ft
Size Total Text 166.64 Ft X 122.17 Ft
Zoning Description Commercial

https://www.realtor.ca/real-estate/24642697/6610-fourth-line-road-north-gower-north-gower

Interested?

Contact us for more information


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Marc Papineau
Salesperson

(613) 884-8960
https://www.facebook.com/boardwalkottawa/
https://www.linkedin.com/in/marcpapineau/

RE/MAX Affiliates Realty Ltd.
747 Silver Seven Road Unit 29
Ottawa, Ontario K2V 0H2

(613) 457-5000
(613) 482-9111
www.remaxaffiliates.ca

Jason Spartalis
Salesperson

(613) 266-2460
www.dreamlivingottawa.com
jason.spartalis

RE/MAX Affiliates Realty Ltd.
747 Silver Seven Road Unit 29
Ottawa, Ontario K2V 0H2

(613) 457-5000
(613) 482-9111
www.remaxaffiliates.ca

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