For Sale

$799,000.00

24 ASA STREET , Kemptville, Ontario K0G1J0

Remarks

A chance to own a small multi family building in the heart of Kemptville. This lovely Red brick 2 storey has 5 already rented apartments. 2 - 2 bedroom units and 2 1 bedroom units and 1 batchlor unit. a yearly rental income of approx $50,000. The lot size is 90ft x 123ft and allows for a potential severance off the back. The Seller has spoke with the planning dept and believes that it could be approved. There is a storage unit currently at the back of the property The investment potential is huge....North Grenville has such a short supply of good rentals. There's potential to add more units on the back if a severance is not desired. With Covid restrictions in place, the Seller will require an acceptable offer to purchase prior to viewing the rental units. (id:7526)

Property Summary

  • Neighbourhood: Kemptville
  • Lot Frontage: 90.0 Feet
  • Lot Depth: 123.0 Feet
  • Lot Size: 90 ft X 123 ft
  • No. of Parking Spaces: 5
  • Built in: 1900
  • Zoning: Multi Fam Res

Property Features:

  • Ownership Type:
    Freehold
  • Property Type:
    Multi-family
  • Sewer:
    Municipal sewage system

Building Features:

  • Exterior Finish:
    Brick , Siding
  • Foundation Type:
    Stone
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Office Listing: 

Barbara MacEachern , Broker Gina Merlin , Salesperson

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