2084 DUNDAS Street, Edwardsburgh/Cardinal, ON K0E1E0
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Listing Type
Multi Family
Listing Status
active
40
$1,200,000
Home Details for 2084 DUNDAS Street
Price
$1,200,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
119
Listing #
X11937880
Property Description
Welcome to 2084 Dundas, a meticulously maintained and recently renovated CASH COW. Grossing over $10,000 per month we are offering this gem at a PHENOMENAL CAP RATE of 6.16%. This property is just over 1/2 an acre and pending township approval, it has the potential to either add more units or split some big units, into additional dwellings. Two massive units per floor, one per side and an oversized unit in the rear addition, which used to be the grand banquet hall of a hotel. The front building used to be that hotel so you'll find a 400amp service for the front 6 units and a 200 amp service for the rear unit. One of the best parts of this building is the majority of the tenants have taken significant pride in upkeeping the units as if their own, as you will see in both photos or when you visit. Located a mere 300 metres from the St. Lawrence River, under 1 hour to Ottawa and 12 minutes to Prescott or the US border, this property is not to be overlooked! (id:31684)
Property Features
Heating Information
Baseboard
Listing Courtesy: RE/MAX HALLMARK REALTY GROUP
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