6 Bedroom
6 Bathroom
5,000 - 100,000 ft2
Fireplace
Window Air Conditioner
Baseboard Heaters
$1,099,900
Exciting investment opportunity in the quaint village of North Augusta! Situated on over 1 acre of land, this property offers 6 fully renovated rental units plus a large garage space, perfect for storage or workshop---a rare find with incredible flexibility. Prime Location: Only a short drive to Brockville, Highway 401, Kemptville, Merrickville, and Ottawa. Renovated Units: Each apartment comes with appliances, outdoor storage, and its own porch (except unit 4). All but one include a propane fireplace (except unit 6) for cozy comfort. Peace of Mind: A separate utility room houses a generator that keeps power running for all 6 units and the garage - no outages to worry about. Modern Upgrades: Two brand-new septic systems and a paved driveway are already completed. Income-turnkey: Live in one unit while rental income helps pay the mortgage. Versatile Garage: A large, heated space ideal for equipment storage or a workshop. Opportunities like this are rare: a turnkey income property with built-in security, comfort, and long-term potential. Rentals all include 2 parking spots, 1 locker, heat and hydro. #1 - $525.00 (bachelor) / #2 - 1950.00 / #3 - 1800.00 / #4 - 1103.16 / #5 - 1600.00 / #6 - 1550.00 / Garage is 2260.00 = 10,788.46 per month = 129,461.52 for the year ---------- Taxes - $8100.00 / Insurance - $7400.00 / Heating - $7348.00 / Electricity - $17,890.00 = 40,738.00 ---------------- NET INCOME is $ 88,723.52 divided by 12 net per month is approx. 7393.00 per month with current rents (id:43934)
Property Details
MLS® Number
|
X12434507 |
Property Type
|
Multi-family |
Community Name
|
809 - Augusta Twp |
Equipment Type
|
Propane Tank |
Features
|
Irregular Lot Size, Carpet Free |
Parking Space Total
|
30 |
Rental Equipment Type
|
Propane Tank |
Building
Bathroom Total
|
6 |
Bedrooms Above Ground
|
6 |
Bedrooms Total
|
6 |
Age
|
51 To 99 Years |
Amenities
|
Fireplace(s) |
Cooling Type
|
Window Air Conditioner |
Exterior Finish
|
Steel |
Fireplace Present
|
Yes |
Fireplace Total
|
5 |
Foundation Type
|
Slab |
Heating Type
|
Baseboard Heaters |
Stories Total
|
2 |
Size Interior
|
5,000 - 100,000 Ft2 |
Type
|
Other |
Parking
Land
Acreage
|
No |
Sewer
|
Septic System |
Size Frontage
|
120 Ft ,6 In |
Size Irregular
|
120.5 Ft |
Size Total Text
|
120.5 Ft |
Zoning Description
|
Residential Property With Six Self-contained Units |
https://www.realtor.ca/real-estate/28929572/8350-county-road-15-road-augusta-809-augusta-twp