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Home ON United Counties of Leeds and Grenville Prescott
575 HYDE STREET
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$3,900,000
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575 HYDE STREET
Prescott, Ontario K0E1T0

MLS® Number: 1247074
0
Bathrooms
-
Square Feet

Listing Description

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 (5157536)

Property Summary

Property Type
Multi-family
Storeys
2
Neighbourhood Name
PRESCOTT
Title
Freehold
Land Size
0.83 ac
Built in
1987
Annual Property Taxes
$37,700
Total Parking Spaces
29
Time on REALTOR.ca
1810 days

Building

Bathrooms
Total
0
Partial
0
Building Features
Fire Protection
Security
Total Units
24
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Maintenance or Condo Information
Maintenance Management Company
SELF-MANAGED -
Parking
Total Parking Spaces
29

Land

Other Property Information
Zoning Description
MULTI-RESIDENTIAL
Data provided by: Ottawa Real Estate Board
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