191 CASTOR STREET
Russell, Ontario K4R1B8


  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell

$1,499,900

ID# 1378535

Central air conditioning Forced air Heat Pump

Discover an outstanding residential and commercial investment in Russell, boasting a spacious 4800 sqft all brick building with a basement area. Currently, the main floor hosts four leased commercial units, while upstairs features three apartments: two 2-bedroom and one 3-bedroom. The basement includes pay laundry facilities and individual storage lockers for each unit. With a large heat pump boiler system ensuring efficiency, this property offers 26 parking spots and a compelling 5.9% cap rate. Gross Operating Income stands at $122,118 (excluding Commercial HST), with Operating Expenses of $33,401.15, resulting in a Net Operating Income of $88,716.85 (excluding Commercial HST). Commercial AC Units x 4 replaced in 2022. With its prime location and high rental demand, this investment opportunity in Russell is not to be missed. Schedule a viewing today to secure your position in this flourishing market. (id:25961)
Courtesy of AVENUE NORTH REALTY INC.

Listed on: February 23, 2024

On market: 272 days
Year Built 1995
Cooling Type Central air conditioning
Heating Type Forced air, Heat Pump
Heating Fuel Natural gas
Stories Total 2

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TESTIMONIALS

What Colleen's clients are saying...

"I have worked with Colleen for years and she has sold countless properties for us. She always offers sage advice preparing a house for sale and has a proven ability to negotiate and close the deal in a timely manner. Her professionalism is beyond reproach and she is truly a pleasure to work with.."

ANDREW seller 

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Colleen & Connor McBride

Realtors


(613) 291-9909 - Colleen

(613) 808-9895 - Connor

Colleen.mcbride99@gmail.com

connormcbride007@gmail.com

 

RE/MAX Hallmark® Realty Group

Brokerage, Independently Owned & Operated

610 Bronson Ave

Ottawa, Ontario K1S 4E6

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191 CASTOR STREET