36 Mill Yard Road, Laurentian Hills, ON

Description

Well Maintained Fully Occupied Cash Flow Positive TRIPLEX in Chalk River! This is an excellent investment, with qualified tenants in place and an opportunity to further develop the property. Expansive one acre side yard fronting on Ottawa Street with previous approval for severance. There is potential to create two more lots in an up and coming development area, perfect for the investor, or builder! Municipal hookups are available for this potential development. A fantastic location for attracting quality tenants, with amenities close by in a fantastic community. Just moments away from CNL and a short commute to Garrison Petawawa. The building houses 3 x 2 bedroom units, with the larges offering a spacious den and unfinished basement area. There is a coin washer and dryer shared by all of the units, which generates $250-500 annually. Expansive parking lot, with room for plenty of vehicles. These units have seen regular updates. Complete your due diligence prior to booking a showing please, as all units are tenant occupied. There is a min 24 hour notice required prior to showings. *One unit has Given Notice to end tenancy, and unless filled by the seller, will be available at the beginning of August for the new owner to move into or fill.