33 LAKESHORE DRIVE, South Dundas, Ontario, K0C1X0
MLS: X12956576 | Multi-Family
$1,100,000
Property Description
Well-maintained 6-unit investment property located in Morrisburg, featuring five bright 2-bedroom units and one 1-bedroom unit. Each unit offers comfortable living space with functional layouts, appealing to a wide range of tenants. The building includes on-site laundry for added convenience. Situated in a desirable and growing community, this property presents a solid opportunity for investors seeking steady income with long-term potential and upside. The property generates a current gross income of $92,376 with a net operating income (NOI) of $71,626, reflecting a strong cap rate of 6.51%.Please see attachment for detailed rent roll, income, and expense information. (id:64974)
Quick Facts
- Property Type: Multi-Family
- Bedrooms: None
- Bathrooms: None
- Living Area: 8,202 sq ft (762.0 m²)
- Attached: Yes
- Frontage: 50 ft (15.2 m)
Costs
- Annual Taxes: $4,126.97
Listing Provided by: LOTFUL REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: None
- Appliances: Dryer, Two Washers
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.2 m)
- Zoning: R2
Community & Neighbourhood
- Neighbourhood: 701 - Morrisburg
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 33 LAKESHORE DRIVE, South Dundas, Ontario, K0C1X0
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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