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2946 LOUGH ROAD
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2946 LOUGH ROAD $825,000
$825,000
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2946 LOUGH ROAD
South Mountain, Ontario K0E1W0

MLS® Number: 1391771

Listing Description

Incredible Investment Opportunity! Apartment Building on 2+ Acres with Expansion Potential! Presenting a rare gem - an apartment building with seven fully rented units and the potential to expand with an additional six units on two floors! Seven fully rented units ensure immediate income generation. The Addition of six units the 2nd and 3rd floors, will maximize your investment plus the opportunity to expand. Enjoy cash flow from day one with all units currently rented. The 2nd and 3rd floors have plumbing and hydro already installed. Please respect the privacy of current tenants. Act Fast! This is your chance to be part of the flourishing real estate landscape in South Mountain. Don't miss out on this great investment opportunity! No Showings After 5 PM, The 2nd and 3rd floors do not have lighting. Form 560 - Confidentiality Agreement must be signed before any financials are provided. (28277328)

Property Summary

Property Type
Multi-family
Storeys
2
Neighbourhood Name
South Mountain
Title
Freehold
Land Size
255.5 ft X 509.32 ft
Built in
1924
Annual Property Taxes
$2,805
Total Parking Spaces
15
Time on REALTOR.ca
53 days

Building

Building Features
Total Units
7
Heating & Cooling
Heating Type
Baseboard heaters (Electric), Radiant heat (Natural gas)
Utilities
Utility Sewer
Septic System
Water
Drilled Well
Exterior Features
Exterior Finish
Brick, Siding
Maintenance or Condo Information
Maintenance Management Company
0 -
Parking
Total Parking Spaces
15

Land

Lot Features
Frontage
255 ft ,6 in
Land Depth
509 ft ,4 in
Other Property Information
Zoning Description
R1-5
Data provided by: Rideau - St. Lawrence Real Estate Board 12-1275 Kensington Parkway, Brockville, Ontario K6V 6C3

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