400 Franktown Road Carleton Place, Ontario K7C 2N5
$7,299,900
ATTENTION INVESTORS! This 24 unit building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 24-unit building will provide immediate cash flow. Conveniently located in the growing town of Carleton Place just 45 minutes from downtown Ottawa and halfway between the towns of Perth, Almonte and Smiths Falls. Walking distance to parks & recreation, shopping, transit and other essential amenities. This building features an efficient electric baseboard heating system and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 36 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Income & expenses are estimated based on similar completed buildings. (id:37684)
Property Details
| MLS® Number | 1296093 |
| Property Type | Multi-family |
| Neigbourhood | Carleton Place |
| Parking Space Total | 36 |
Building
| Constructed Date | 2023 |
| Exterior Finish | Stone, Siding |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 235 Ft |
| Size Irregular | 234.97 Ft X 0 Ft |
| Size Total Text | 234.97 Ft X 0 Ft |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/24492090/400-franktown-road-carleton-place-carleton-place
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March 20 2023 03:45:13
Ottawa Real Estate Board
Exp Realty
