LOADING

271 Oak Crescent Renfrew, Ontario K7V 3Y8

Baseboard Heaters

$799,900

PURPOSE-BUILT 8 UNIT APT BUILDING WITH EIGHT 2 BEDROOMS APTS, LOCATED ON A QUIET CUL-DE-SAC IN AN ALL RESIDENTIAL AREA ON A LARGE 0.267 ACRE LOT,CLOSE TO ALL THE AMENITIES OF THE BUSINESS SECTION ON THE NORTH SIDE OF RENFREW, METAL ROOF, STUCCO & WOOD EXTERIOR, ALL TENANTS PAY THEIR OWN HYDRO & HEAT (ELECTRIC BASEBOARD HEATING), LESS THAN ONE HOUR FROM DOWNTOWN OTTAWA, THE 4 LANE HIGHWAY IS COMING TO RENFREW, LOOK FOR THE CONSTRUCTION OF NEW HIGHWAYS BECAUSE THE MONEY WILL COME RIGHT DOWN THE HIGHWAY, THERE IS A VERY HIGH LEVEL OF NEW CONSTRUCTION OCCURRING IN RENFREW WITH LEPINE BUILDING 370 APT UNITS,YOU CAN NEVER GO WRONG WITH REVENUE PRODUCING REAL ESTATE,BUY REAL ESTATE IN A MANNER IN WHICH IT WILL PAY FOR ITSELF & NEVER SELL & JUST KEEP ON BUYING,RENFREW HAS THE HIGHEST RETURN ON INVESTMENT IN REAL ESTATE OF ANY TOWN WITHIN ONE HOUR OF OTTAWA,EXCELLENT CAP RATE OF OVER 6%,GET IN ON THE GROUNDFLOOR BEFORE REAL ESTATE VALUES SKYROCKET,THE BIG HOLSTEIN-THE KING OF THE CASH COWS (id:25309)

Property Details

MLS® Number 1295084
Property Type Multi-family
Neigbourhood RENFREW
Parking Space Total 10

Building

Constructed Date 1983
Exterior Finish Stucco, Wood
Foundation Type Block
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 125 Ft ,6 In
Size Irregular 125.49 Ft X 100 Ft
Size Total Text 125.49 Ft X 100 Ft
Zoning Description Residential 5th Dens

https://www.realtor.ca/real-estate/24467337/271-oak-crescent-renfrew-renfrew