• 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell
  • 191 CASTOR STREET Russell

$1,499,900

ID# X9515522

191 CASTOR STREET
Russell, Ontario K4R1B8

Discover an outstanding residential and commercial investment in Russell, boasting a spacious 4800 sqft all brick building with a basement area. Currently, the main floor hosts four leased commercial units, while upstairs features three apartments: two 2-bedroom and one 3-bedroom. The basement includes pay laundry facilities and individual storage lockers for each unit. With a large heat pump boiler system ensuring efficiency, this property offers 26 parking spots and a compelling 5.9% cap rate. Gross Operating Income stands at $122,118 (excluding Commercial HST), with Operating Expenses of $33,401.15, resulting in a Net Operating Income of $88,716.85 (excluding Commercial HST). Commercial AC Units x 4 replaced in 2022. With its prime location and high rental demand, this investment opportunity in Russell is not to be missed. Schedule a viewing today to secure your position in this flourishing market. (id:25961)
Courtesy of AVENUE NORTH REALTY INC.

Listed on: February 23, 2024

On market: 284 days
Cooling Type Central air conditioning
Heating Type Heat Pump
Heating Fuel Natural gas
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Tammy Laverty Hall

SALES REPRESENTATIVE

Office 613.725.1171

tammylaverty@royallepage.ca

Whether you are looking to buy, sell or invest in the Ottawa real estate market, I can help. Contact me today for to discuss your real estate needs.

Royal LePage Team Realty

1723 Carling Ave.

Ottawa, Ontario

Canada

Office: 613-725-1171

Toll Free: 1-800-307-1545


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