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42 Bridge Street Almonte, Ontario K0A 1A0

Ground Source Heat

$1,490,000

Welcome to 42 Bridge Street, Almonte, An iconic 1886 stone building that was fully renewed, back to the studs in 2016 by the current owner. This modern structure including updated heating, electrical, windows and kitchen, bath and flooring is in excellent condition. Mature, solid tenant mix with very little turnover. Rents are considerably below market which means there is considerable upside on tenant turnover. Parking for 6 cars and ample storage in the unfinished lower level. Prime downtown Almonte location. Considering a long term investment with a very attractive cap rate then this offering ticks off most of your investment boxes. (id:37464)

Property Details

MLS® Number 1326715
Property Type Multi-family
Neigbourhood Almonte
Parking Space Total 6

Building

Constructed Date 1886
Exterior Finish Stone
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Ground Source Heat
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Size Depth 135 Ft
Size Frontage 40 Ft
Size Irregular 40 Ft X 135 Ft (irregular Lot)
Size Total Text 40 Ft X 135 Ft (irregular Lot)
Zoning Description Residential

https://www.realtor.ca/real-estate/25190514/42-bridge-street-almonte-almonte

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