$1,750,000 Sale

Listed 4 hours ago

280 INDUSTRIAL BOULEVARD

MLS® x14166856 Multi Family

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · -

Est. mortgage

$7,390/mo

Key Facts

Key facts for 280 INDUSTRIAL BOULEVARD

Property Type

Apartment

Parking

Garage: No, 0 parking

MLS #

X14166856

Size

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Turnkey 5-Unit Investment. Exceptional opportunity to own a fully renovated 5-unit residential building in Alexandria. Converted less than two years ago from office space, this property offers modern design, consistent high-end finishes, and strong rental income. The building features four fully lea...sed units generating $6,900/month, with an additional 2,000 sq ft owner's suite offering excellent potential for added income or owner occupancy. Each unit includes 2 bedrooms, 1.5 bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. All apartments are finished with granite countertops, quality cabinetry and durable modern flooring throughout. Tenants are on one year leases transitioning to month-to-month, providing both stability and flexibility. All tenants pay their own utilities. Low annual taxes of $6,000 and minimal capital expenditure make this a strong addition to any portfolio with a net income of approximately $90,000.00 per year if owner suite is rented. Located in the growing community of Alexandria, offering steady rental demand, affordability and convenient access to Cornwall, Ottawa, and Montreal. This opportunity is turnkey, low maintenance with strong income potential! (id:10452)

Full Property Details

Interior

Washrooms

0.0

Heating Type

Other

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Heating Type

Other

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Parking Spaces

Garage Spaces Y/N

Zoning Description

COMMERCIAL

Parking Spaces

Garage Spaces Y/N

Zoning Description

COMMERCIAL

Building Description

Home Type

Apartment

Subtype

Multi Family

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Water Supply

Municipal water

Community

Alexandria

Area Code

North Glengarry

Community

Alexandria

Area Code

North Glengarry

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Alexandre Seguin

Email: [email protected] Cell: 613-362-2767