Ellen Hughes

SALES REPRESENTATIVE

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
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)
Courtesy of AVENUE NORTH REALTY INC.

Listed on: February 23, 2024

On market: 274 days
Year Built 1995
Cooling Type Central air conditioning
Heating Type Forced air, Heat Pump
Heating Fuel Natural gas
Stories Total 2

Ellen Hughes

Sales Representative

Direct: 613-858-8640

ellenhughes@royallepage.ca

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.