| 613.829.1000
| 613.829.1000
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:37351)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X13050710 |
| Property Type | Multi-family |
| Community Name | 607 - Clarence/Rockland Twp |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 7 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 5232 Sqft |
| SizeInterior | 5,232 Ft2 |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 209 Ft |
| SizeFrontage | 134 Ft |
| SizeIrregular | Bldg=134 X 209 Ft |
| SizeTotalText | Bldg=134 X 209 Ft |
| ZoningDescription | 7.1.3 |
Contact us for more information
Raj Sidhu
Broker
(613) 829-1818
royallepageintegrity.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Phone Number
(613) 829-1000
Email Address
info@grapevine.ca
Mailing Address
P.O. box 65
Portland, ON
K0G 1V0
