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31 TOWNLINE ROAD E
Carleton Place, Ontario K7C2C8

$1,150,000

ID# 1386274

ABOUT THIS PROPERTY


Attention Investors! Legal 5 Plex in Carleton Place, turn key and great cashflow. Incredible location, A stone's throw away to downtown shops and restaurants, Hospital, Schools, Landmarks. This Property consists of 3 easy to manage, 1bedroom units and 2 large 2bedroom units. Tenants have been vetted and are excellent! The building is well appointed on a large 77’ X 204’ lot with plenty of parking, possibility of future development/expansion. This building has been totally renovated in 2021 with proper building permits to comply with modern building and fire codes. Ideal property for a long-term investor looking to add a low maintenance property to their investment portfolio. Financials available upon request, Offered for sale at a 6.2% cap rate. (id:25961)

PROPERTY DETAILS


Heating Fuel Natural gas
Stories Total 2

Property Type


Multi-family
Courtesy of RIGHT AT HOME REALTY

Listed on: April 13, 2024

On market: 19 days

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