Address
987 NORTH RUSSELL ROAD Russell, ON
Price
$ 11,995,900
Property Attributes
  • ID#1296025
  • TypeMulti-Family
  • CityRussell
  • NeighbourhoodRussell
  • Postal CodeK4R 1C7
  • Style
  • Price$ 11,995,900
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Edmundo Roa with Exp Realty
Data Source:
RLP - CREA EN
Property Description

ATTENTION INVESTORS! Newly constructed 44-Unit building. Incredible income producing property in the growing town of Russell. This building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 44-unit building will produce immediate cash flow. Conveniently located in the growing town of Russell just 40 minutes from downtown Ottawa. Features include efficient electric baseboard heating systems and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 59 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Located in the growing bedroom community of Russell, On, 40 minutes from downtown Ottawa and within the Nation's Capital region. Minutes to the similar community of Embrun and Ottawa's other east end neighbourhoods. All numbers are estimated from previous developments, pls inquire. (id:27)

General Features

Parking Spaces 59

Exterior Features

Lot Frontage 224.8
Lot Size 224.74 ft X 301.77 ft
Jumpid 17854540
Mls 1296025

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K4R 1C7

Price
AVG $12M
$12M
Visits
AVG 180
180
Year Built
AVG 2023
2023

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