987 NORTH RUSSELL ROAD , Russell

Bed / $11,995,900 / MLS® Listing #:1296025

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ATTENTION INVESTORS! Newly constructed 44-Unit building. Incredible income producing property in the growing town of Russell. This building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 44-unit building will produce immediate cash flow. Conveniently located in the growing town of Russell just 40 minutes from downtown Ottawa. Features include efficient electric baseboard heating systems and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 59 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Located in the growing bedroom community of Russell, On, 40 minutes from downtown Ottawa and within the Nation's Capital region. Minutes to the similar community of Embrun and Ottawa's other east end neighbourhoods. All numbers are estimated from previous developments, pls inquire. (id:10452)

Property Details

Property Type Multi-family
Square Feet
Maintenance N/A
Days On Our Website 246
Basement
Kitchens
Lot Dimensions 224.74 ft X 301.77 ft
Pool N/A
Area Russell
Air Conditioning N/A
Heating Electric - Baseboard heaters
Exterior Stone, Siding
Parking Spaces 59
Sewers Municipal sewage system
Water Municipal water

Listing Office: EXP REALTY



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