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X5790646
$4,599,999

460-462 Henrietta St (Georgina St)

Price: $4,599,999

Status: For Sale 

MLS®#: X5790646

$4,599,999
  • Tax: $34,960/Annual (2021)
  • Maintenance:$16,362
  • City:Gananoque
  • Type:Commercial
  • Style:Investment
  • Size: 19,265 Sq Ft

Features:

  • HeatingBaseboard
  • Sewer/Water SystemsMunicipal

Listing Contracted With: ROYAL LEPAGE SIGNATURE REALTY, BROKERAGE

Description

2 X 12 Unit Purpose Built Buildings In Gananoque Being Sold Together. Very Well Run Buildings With 10/24 Units Already Turned Over And Achieving Market Rents & 2 More Units Are Currently Vacant. Great Unit Mix And Spacious Layouts Throughout The Building With 6 X 1 Bed Units, And 18 X 2 Bed Units. Strong Rental Demand Location Walking Distance To Downtown Gananoque, St. Lawrence River, Gananoque River, & 20 Minute Drive Into Kingston. Major Capital Improvements Across Both Buildings Within The Last Year Include: New Roof 2021, Windows/Doors 2022, Fire Code Compliance 2021, Parking Lot, Led Lighting, And Remote Entry. Full List Will Be Provided. Extra Parking At The Back Of The Building Along With Storage Lockers For Potential Additional Income. All Units Are Separately Metered With Tenants Paying Heat/Hydro Only Water/Sewer And House Meter Paid By The Landlord. Large Rental Upside On The Remaining Units In This Building Make It Perfect For Any Investor Looking To Add To Their Portfolio


Highlights

24 Fridge, 24 Stove, 2 Coin Op Washer, 2 Coin Op Dryer. Exclude: Tenant's Belongings

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Cynthia Jones

Real Estate Professional

Royal Lepage Signature Realty Brokerage

Helping You is What We Do.....for over 100 years!