2946 Lough Road South Mountain, Ontario K0E 1W0
$825,000
Introducing a Unique Opportunity: an apartment building featuring SEVEN fully rented units, plus the potential for SIX additional units across the second and third floors. With all finished units currently occupied, you can start generating income immediately. The infrastructure for plumbing and electrical is already in place on the upper floors, making expansion straightforward. Also this 3acre property in the heart of South Mountain may qualify to construct a separate multi-unit on it, pending approvals. Don’t wait—this is your chance to invest in the thriving real estate market! Note: Showings are not available after 5PM due to the upper floors being under construction. A confidentiality agreement (Form 560) must be signed before any financial information is disclosed. Video of Interior is virtually staged to show potential of unfinished units. Please respect the privacy of current tenants. Act quickly—this opportunity won’t last! (id:55026)
Property Details
| MLS® Number | 1415483 |
| Property Type | Multi-family |
| Neigbourhood | North Dundas |
| Parking Space Total | 15 |
Building
| Constructed Date | 1924 |
| Exterior Finish | Brick, Siding |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters, Radiant Heat |
| Stories Total | 3 |
| Utility Water | Drilled Well |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Depth | 509 Ft ,4 In |
| Size Frontage | 255 Ft ,6 In |
| Size Irregular | 2.9 |
| Size Total | 2.9 Ac |
| Size Total Text | 2.9 Ac |
| Zoning Description | R1-5 |
https://www.realtor.ca/real-estate/27517027/2946-lough-road-south-mountain-north-dundas
Interested?
Contact us for more information
Cathy Hay
Broker
63 Gore St. E.
Perth, Ontario K7H 1H8
(613) 851-0954
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October 08 2024 04:12:45
Rideau - St. Lawrence Real Estate Board
Realty Executives Real Estate Ltd