7 Centre Street Spencerville, Ontario K0E 1X0
$699,900
2 side by side income buildings: 7 Centre St & 16-18 Spencer St to be sold together for a total of 6 residential apartments and 1 commercial unit with adjoining parking spaces. 16-18 Spencer St: 2 storey Triplex with 1-3 bedroom on 2 floors and 2-2 bedroom units; 1 on ground flr and 1 unit on 2nd floor. Triplex total square footage approx 3348sqft (as per MPAC), with a yearly rental income of $25,800 7 Centre St: 2 Storey Fourplex with 2-3 bedroom 2 storey units, 1-2nd floor bachelor unit and 1 commercial (Laundry mat) on main floor. Fourplex total square footage approx 3193sqft (as per MPAC), with a yearly rental income of $37,564. Tenants pay their own utilities in all units. The 2 properties are on separate lots with paved parking spaces: 6 spaces between the buildings + 1 extra space on south side of 16 Spencer St. GREAT INVESTMENT properties with gross income of $63,364, well-maintained buildings, rarely a vacancy. Proof of financial pre-approval required before showings. (id:35531)
Property Details
| MLS® Number | 1232943 |
| Property Type | Multi-family |
| Neigbourhood | Spencerville |
| Parking Space Total | 7 |
Building
| Cooling Type | None |
| Exterior Finish | Siding, Vinyl |
| Fireplace Present | No |
| Foundation Type | Stone |
| Heating Fuel | Electric, Propane |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Utility Water | Drilled Well |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 70 Ft |
| Size Frontage | 150 Ft |
| Size Irregular | 150 Ft X 70 Ft |
| Size Total Text | 150 Ft X 70 Ft |
| Zoning Description | Mcr |
https://www.realtor.ca/real-estate/22987254/7-centre-street-spencerville-spencerville
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Royal LePage Team Realty
March 30 2021 03:10:22
