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Multi-family For Sale

For Sale
$ 11,995,900
$53,553 / Sqft
Russell, Ontario K4R1C7
0 Bed
0 Bath
Sqft Sqft
0 Room
Built Year 2023
QR Code

About this property

ATTENTION INVESTORS! Newly constructed 44-Unit building. Incredible income producing property in the growing town of Russell. This building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 44-unit building will produce immediate cash flow. Conveniently located in the growing town of Russell just 40 minutes from downtown Ottawa. Features include efficient electric baseboard heating systems and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 59 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Located in the growing bedroom community of Russell, On, 40 minutes from downtown Ottawa and within the Nation's Capital region. Minutes to the similar community of Embrun and Ottawa's other east end neighbourhoods. All numbers are estimated from previous developments, pls inquire. (id:48414)


Property Type : Multi-family
Listing Type : For Sale
Listing ID : 1296025
Price : $11995900
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 224.74 Sqft
Year Built : 2023
Lot Area : 0 Sqft


Heating System : Baseboard Heaters
Fireplace : False
Parking : 59
Land Sewer : Municipal Sewage System
Stories : 3
Building Exterior Finish : Stone, Siding
Heating Fuel : Electric

Other Information

Municipal ID : 690720029
Ownership Type : Freehold
Land Size Depth : 301 Sqft
Land Size Irregular : 224.74 Sqft
Zoning Description : R3
Management Company : EOPMG - 613-918-0145
Listing Provided by : EXP REALTY
Land SizeFrontage : 224 Sqft

CALL 866-981-3860 or

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