42 Bridge Street Almonte, Ontario K0A 1A0

Forced Air, Ground Source Heat


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


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


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


Let's talk!

Complete the form below to schedule a call back.

Contact Information
Preferred Date and Time