42 Bridge Street Almonte, Ontario K0A 1A0
Forced Air, Ground Source Heat
$1,200,000
Welcome to 42 Bridge Street, Almonte, An iconic 1886 stone building that was fully renewed, back to the studs in 2016 by the current owner. This modern 8 unit building features updated heating, electrical, windows, kitchens, bathrooms and flooring. Mature, solid tenant mix with very little turnover consisting of 3 one bedroom apartments and 5 two bedroom apartments, each separately metered with its own stove, fridge, washer and dryer. Rents are considerably below market which means there is considerable upside on tenant turnover. Parking for 6 cars and ample storage in the unfinished lower level. Prime downtown Almonte location. Gross rent: $104,100, operating expenses: $37,990 = Net Operating Income: $66,110 (id:42527)
Property Details
| MLS® Number | 1363277 |
| Property Type | Multi-family |
| Neigbourhood | Almonte |
| Parking Space Total | 6 |
Building
| Constructed Date | 1886 |
| Exterior Finish | Stone |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Ground Source Heat |
| Stories Total | 3 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 135 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 Ft X 135 Ft (irregular Lot) |
| Size Total Text | 40 Ft X 135 Ft (irregular Lot) |
| Zoning Description | Multi-residential |
https://www.realtor.ca/real-estate/26126827/42-bridge-street-almonte-almonte
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October 31 2023 12:14:39
Ottawa Real Estate Board
Royal LePage Team Realty
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