Six unit apartment building on a large fully serviced lot in Carleton Place. Sellers have owned since 1992. Gross Income $67,140. Expenses (2020) $22,826. Net Operating Income $44,316. Parking for units in rear. Laneway on each side of building leads to rear yard and parking. Photographs provided are from two of the units. Zoning map shows zoning as Mississippi Transitional Sector with permitted uses Low, Medium and High Density Residential as well as Commercial and many other uses. Buyer to assume existing tenants. Buyers to verify age of building (addition believed to be built around 1960 with original brick section much older). Seller cannot promise access to every unit upon request but will attempt to get serious prospective Buyers into each unit. Please allow 48 hours notice to allow notice to tenants. Please follow all Covid 19 protocols when viewing. Seller has restricted viewings to any Wednesday between the hours of 1-5pm with 48 hour notice. (5139349)
Property Type
Multi-family
Neighbourhood Name
Carleton Place
Land Size
73.75 ft X 150 ft
Annual Property Taxes
$4,087 (CAD)
Time on REALTOR.ca
1810 days
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