575 Hyde Street Prescott, Ontario K0E 1T0
$3,700,000
BRICK PURPOSE-BUILT 24-UNIT APT BUILDING ON LARGE 0.83 ACRE LOT IN PRESCOTT,6 BLOCKS TO THE ST LAWRENCE RIVER,MOST OF THE TENANTS ARE OVER 60 YEARS OLD, CLOSE TO GIANT TIGER WAREHOUSE, GREAT ACCESS TO THE U.S. BORDER & MAJOR CITIES WITH HWY 401,3 HOURS TO TORONTO, COMMUTING DISTANCE TO OTTAWA FOR THE CITY WORKER,ALL ENTRANCES HAVE SECURITY DOOR SYSTEMS & BUILT-IN INTERCOMS,ON A QUIET STREET YET CLOSE TO ALL THE AMENITIES OF THE BUSINESS SECTION,ALL TENANTS PAY THEIR OWN HYDRO/ELECTRIC BASEBOARD HEATING,TREMENDOUS UPSIDE POTENTIAL IN THE RENTAL INCOME W/MOST OF THE APTS BEING UNDER RENTED,22- TWO BDRM APTS & 2- ONE BDRM APTS,LAUNDRY ROOM WITH RENTAL COIN OPERATED WASHERS & DRYERS,24 FRIDGES & 24 STOVES,BUY REAL ESTATE IN A MANNER IN WHICH IT WILL PAY FOR ITSELF,GREAT INVESTMENT,GREAT BUILDING,EXCELLENT ON-SITE SUPERINTENDENT (id:25350)
Property Details
| MLS® Number | 1247074 |
| Property Type | Multi-family |
| Neigbourhood | PRESCOTT |
| Parking Space Total | 29 |
Building
| Constructed Date | 1987 |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Security |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.83 |
| Size Total | 0.83 Ac |
| Size Total Text | 0.83 Ac |
| Zoning Description | Multi-residential |
https://www.realtor.ca/real-estate/23325978/575-hyde-street-prescott-prescott
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Brad Closs
Broker
610 Bronson Avenue
Ottawa, ON K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com
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July 20 2021 01:11:18
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