ADDRESS
Call: 416-800-1055
PROPERTY TYPE
2-Storey, Fourplex Property
12 Rooms Total, 4 Kitchens
4 Parking Spaces
LOT SIZE
105.00 x 60.00
PROPERTY FEATURES
Library, Public Transit, Rec Centre, School
Other, Unfinished Basement
Alum Siding Exterior
Book Showing
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SALES HISTORY
04/05/2025
FOR SALE
$500,000
PROPERTY TAXES
Call 416-800-1055
PROPERTY DESCRIPTION
Lanark 4-Plex Grossing $41,780. Individual Rents Are (1) $721.11 (2) 1,023.04 (3) $637.53 (4) $1,100- Vacant. Expenses; Taxes= $2,510 Insurance= $3,520 Hydro= $600 Propane= $1,400 Total Expenses= $8,030/Yearly. Net Operating Income= $33,750 Steel Roof, All Tenants Pay Their Own Hydro/Heat, Propane Hot Water Tank, Full Basement For Storage, Copper Wiring W/Breaker Panels, Newer Water Pressure Tank, Hardwood Floors, Lanark Has The Highest Return On Income Properties In Lanark County, Located Just 45 Minutes From Downtown Ottawa, 10 Miles North Of Perth, 20 Minutes West Of Carleton Place, Lanark Has A Pizzeria & Chipstand(S) & Grocery Store & Gas Station & Library & Townhall, More & More Ottawa Buyers Are Buying In Lanark Driving Prices Up, Buy Before Values Skyrocket
LEGAL DESCRIPTION
Lanv Con 3 Pt Lot 2 Plan 320 Pt Lot 5 E George
Call: 416-800-1055
BATHROOMS
4-piece on main level
4-piece on main level
4-piece on 2nd level
4-piece on 2nd level
Book Showing
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