19 UNION STREET N, Almonte, Ontario

ID#399445 | MLS# 1130780 | Listed at $600,000.00
Real Estate - Almonte -
Helen Eum
Sales Representative
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Description
Legal 6 APARTMENTS for 600K with a cap rate just under 6%. OPPORTUNITY to own right in the town of Almonte close to all amenities, Hospital, Parks, Restaurants, and Shopping. Easy rental location! 7 Parking Spots. All 6 units pay their own utilities and are all on SEPARATE hydro meters + common hydro meter. Gross INCOME of $52,276/year. 3 - One Bedrooms, 2 -Two Bedrooms, 1 - Bachelor, all with separate entrances. Annual Expenses of approximately $17,283. POTENTIAL to increase rents with turn-overs. All the units have been maintained and renovated as needed by long term owner. Happy long-term tenants and newer tenants. Building has been inspected by the Fire Chief. Perfect for any first time investor or an addition to your portfolio. Minimum 24 Hour notice for all showings. BOOK YOUR SHOWING TODAY! (id:17126)
Special Features
  • Fireplace Present: False
  • Foundation Type: Stone
  • Heating Fuel: Electric
  • Number of Stories: 2
  • Utility Water: Municipal water
  • Has Acreage: false
  • Sewer: Municipal sewage system
  • Parking Space Total: 7
  • Zoning: Multi-Residential
Property Type Residential
Building Style Semi Detached
Listing Type For Sale

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

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Mortgage Information
Title: Standard 5 Year / 25 Year Amortization
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $30,000 2.54% 25 Years basic 5 Yr / 25 Year $2,640 $96,428
10.00%  -  $60,000 2.54% 25 Years basic 5 Yr / 25 Year $2,483 $91,713
20.00%  -  $120,000 2.54% 25 Years basic 5 Yr / 25 Year $2,164 $82,142

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