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14 Beds
6 Baths
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 702 - Iroquois
MLS Listing ID X12704854
Sold Date -
Style 3-Storey
Bedrooms 14
Annual Tax Amount $5,609
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Prime Investment Opportunity: Solid Fully Occupied 6-Unit Multi-Residential Building in Central Iroquois. Discover a rare, "set-and-forget" addition to your real estate portfolio. This well-maintained 6-plex offers the perfect blend of structural integrity, reliable income, and a location that ensures perpetual demand. Constructed with longevity in mind, this solid building has been well cared for, offering peace of mind to the savvy investor. The unit mix is highly desirable for the local rental market with 5 Spacious 2-Bedroom Apartments and 1 Cozy 1-Bedroom Apartment. This property is designed for maximum efficiency and low landlord overhead with tenant-paid utilities: Units are equipped with separate hydro and water meters. Tenants pay their own usage, leaving the landlord responsible only for common area utilities. Proven Track Record: Fully occupied by excellent, long-term tenants who treat the building with respect. This property boasts an excellent history of very low vacancy. Additional Revenue: On-site shared coin-operated laundry facilities provide both a necessary amenity for tenants and a secondary income stream for the owner. Ample Parking: Includes 8 dedicated parking spaces, a premium feature for a multi-unit building. Situated in the heart of Iroquois, tenants enjoy walking distance to all essential amenities, including shopping, local dining, and schools. Just minutes from the scenic Iroquois Beach and the prestigious Iroquois Golf Club. Commuter friendly with quick and easy access to the Highway 401, making it an ideal location for those working in neighbouring hubs like Cornwall, Brockville, or Ottawa. With separate metering, a solid structure, and a reliable tenant base already in place, this building represents a secure vehicle for wealth appreciation and consistent cash flow with lots of potential to substantially increase income. 24 hours notice required for showings. Book your private viewing today!
Location
Province ON
County Stormont, Dundas And Glengarry
Area Stormont, Dundas And Glengarry
Zoning Residential
Rooms
Family Room No
Basement Apartment
Kitchen 8
Separate Den/Office 3
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls, Water Heater Owned
Cooling None
Exterior
Parking Features Mutual
Pool None
Roof Type Asphalt Shingle
Lot Frontage 102.83
Lot Depth 140.0
Total Parking Spaces 8
Building
Building Age 31-50
Foundation Poured Concrete
Others
Senior Community No
ParcelsYN Yes
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