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Extras: Looking for a great long term investment? This multi-residential 6 unit apartment in the growing Village of Chesterville offers just about everything that you are looking for! Almost fully tenanted with retirees, tenancies range from 3 to 16 years! Building is well-maintained ,quiet and positioned on a beautiful piece of scenic countryside property. Built in 1993 with many updates including hot air exchange system and 'governors' to electric heaters in the common area. Hassle-Free! -Tenants pay their own heat/electric as well as the water and sewer charges! Don't hesitate-This turn-key Six-Plex investment opportunity is a rare find! CAP RATIO= 6.2% *Rounded to the nearest decimal (CAP RATIO CALCULATION=Net Income/ Purchase Price) (id:2470)
Listing courtesy of CAPITAL HOMES REALTY INC.
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Brokered By: CAPITAL HOMES REALTY INC., Brokerage