New property listed in Chesterville

I have listed a new property at 117 MAIN STREET N in Chesterville.
Heres a unique opportunity to capitalize on cash flow, with a great location in a growing community. Amazing potential for improvement & long term investment gains. Currently 4 occupied apartments with happy, solid tenants in an established building of historic origin that has received many important basic updates. Roof type: Asphalt Shingle & Metal, Heating type: HE forced air gas & electric baseboard supplement, Electric Meters & Panels: 4. Easy to operate from a distance with management in place offering an impressive cost ratio to income stream and a Cap Rate of 6.30%. Bedroom community to both Ottawa and accessible from Montreal and New York state. Also potential for an owner to occupy & live-in to self manage. This building is perfect for investment-minded owners, local or distant, with an eye on the future for personal or business wealth management. Ask about commercial use and future expansion of this impressive piece of land. Please allow 24 hours notice for showings. (id:2493)
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