Description

 Price: $ 749,900.00 MLS^®: X13107692         Location : 5535 Mitch Owens Road N, Blossom Park - Airport and Area, ON K1X 1C2

Great Investment Opportunity! Large lot , .56 acres with plenty of Parking and no rear neighbours. Large detached garage/shed on the property with 60 amp service, potential for storage income. Updates include, but are not limited to: Furnace 2019, Drywall Fire Separations, Electrical, Air conditioning 2022, kitchen cabinets Unit # 1, 2019, new flat roofs, 2023, Septic cleaned and water tested regularly. The property has had 3 Apt. units for over 25-30 years. The buyer will need to conduct their own due diligence with the city regarding the property, as a legal non-conforming Triplex, at their own expense. Rental Income Apt. 1,2 bedroom $1500 per month, Apt. 2 1 bedroom, $1400, Apt. 3, 2 Bedroom, $ 1600/mos. Property generates a total of $ 4500/mth. 2 of 3 leases are now m-t-m with the latest tenant on a 1-year lease. Summary of expenses available upon request. Above-grade square footage is an estimate. Enjoy the amenities & lifestyle offerings of lovely Manotick, walking distance to St Mark's High School & George Nelms Sports Park, a short commute to downtown and close to the 416. Don't miss this opportunity! Property and appliances are being sold " as is, where is " condition. SHOWINGS REQUESTS: 48 hours notice for Showings as the property is tenant-occupied.

Location Description

Limebank

Property Details

• Community: 2602 - Riverside South/Gloucester Glen
• Property Type: Tenant/Residential Freehold
• Bedrooms: 5
• Bath: 3
• Garages: Detached

Building Features

• Foundation Type: Block-Stone
• Construction Material: Aluminum Siding
• Total Parking Space: 17

Features

• Heating: Forced Air Propane
• Sewer: Septic ,