Royal LePage Team Realty

191 CASTOR STREET
Russell, Ontario K4R1B8

  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell

$1,499,900

ID# 1378535

Central air conditioning Forced air Heat Pump

Discover an outstanding residential and commercial investment in Russell, boasting a spacious 4800 sqft all brick building with a basement area. Currently, the main floor hosts four leased commercial units, while upstairs features three apartments: two 2-bedroom and one 3-bedroom. The basement includes pay laundry facilities and individual storage lockers for each unit. With a large heat pump boiler system ensuring efficiency, this property offers 26 parking spots and a compelling 5.9% cap rate. Gross Operating Income stands at $122,118 (excluding Commercial HST), with Operating Expenses of $33,401.15, resulting in a Net Operating Income of $88,716.85 (excluding Commercial HST). Commercial AC Units x 4 replaced in 2022. With its prime location and high rental demand, this investment opportunity in Russell is not to be missed. Schedule a viewing today to secure your position in this flourishing market. (id:25961)
LEARN MORE ABOUT THIS PROPERTY
Courtesy of AVENUE NORTH REALTY INC.

Listed on: February 23, 2024

On market: 272 days
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Property Details
Year Built 1995
Cooling Type Central air conditioning
Heating Type Forced air, Heat Pump
Heating Fuel Natural gas
Stories Total 2
Room Dimensions
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191 CASTOR STREET

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By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL

CHRIS DOLAN

Sales Representative

 

Royal LePage Team Realty

555 Legget Drive Suite 101

Kanata, Ontario

K2K 2X3

direct: 613-863-5857

chrisdolan@royallepage.ca

Royal LePage Team Realty

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