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Team Realty

261 LONGUEUIL STREET

L'Orignal, Ontario K0B1K0

$1,400,000

ID# 1332182
Investment opportunity in the charming town of L'Orignal! This 15-unit apartment building boasts an impressive NOI potential of $218,352 within the existing buildings, with four recently renovated units and four vacant units in need of repair, offering room for growth and value-add opportunities. The R3-1 zoning allows for the construction of an apartment building with up to 75 units per hectare, and with 1.61 acres of land, there is potential to construct 30+ additional units. Located halfway between Ottawa and Montreal, this property offers a prime location for commuters and those seeking a quieter lifestyle. Don't miss out on the chance to invest in this promising property and unlock its full potential! (id:25961)
Courtesy of EXP REALTY

Listed on: March 07, 2023

On market: 19 days
Bathroom Total 0
Half Bathrooms Total 0
Year Built 2003
Heating Type Baseboard heaters, Radiant heat
Heating Fuel Electric, Natural gas
Stories Total 2