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$2,550,000
Available - For Sale
Listing ID: X12594916
WOW! Just over $216,000 in annual gross income in Alexandria!! Solid, low-maintenance investment property now available with this excellent income-generating mobile home park in Alexandria. This 28 acre lot contains 47 mobile homes with land leases. Land tenants own their mobile homes in this very nice and quiet community. The owner is responsible for road, water and septic maintenance (infrastructure). There are drilled wells (14) to supply all mobile homes and each home has it's own septic system. This is an excellent opportunity which has no vacancy loss with a 100% occupancy rate as tenants do not want to risk losing their investment. Mobile home parks offer low maintenance costs because each tenant is responsible for their home, which also leads to low insurance costs for the park owner. Massive 1,212,710-square-foot residential lot. Beyond the income it generates, it already has substantial value based solely on the land. Alexandria is a large town with all amenities including shopping, hospital and anything else you might need! Situated 1 hour from Montreal and 1hr from Ottawa. With the current demand for housing, this affordable option for housing is sure to attract clientele in the long-term! Ask for the information package!
Price $2,550,000
Taxes: $35,219.04
Occupancy by: Owner+T
Address: 3842 Gary Street , North Glengarry, K0C 1A0, Stormont, Dundas
Acreage: 25-49.99
Directions/Cross Streets: Concession 1 and Joanne St, Gary St, and Bobby St
Rooms: 0
Bedrooms: 0
Bedrooms +: 0
Washrooms: 0
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Property Type: Multiplex
Style: Bungalow
Exterior: Other
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Square Footage: < 700
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Other
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Septic
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ROYAL LEPAGE TEAM REALTY

3842 Gary Street , North Glengarry, K0C 1A0, Stormont, Dundas

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Stormont, Dundas and Glengarry
Municipality: North Glengarry
Neighbourhood: 720 - North Glengarry (Kenyon) Twp
Style: Bungalow
Lot Size: x 1374.56(Feet)
Approximate Age:
Tax: $35,219.04
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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