42A HURON STREET
Deep River, Ontario K0J1P0

$1,999,999

ID# 1418728

Baseboard heaters

INCREDIBLE OPPORTUNITY!! Take advantage of the huge demand and shortage of rentals with this RARE all brick, 23 Unit nestled in the booming beautiful town of Deep River close to the shores of the Mighty Ottawa River. This safe, quiet, friendly and vibrant community is known for a great place to retire and is on the doorsteps of major employers like the expanding CNL Labs and Garrison Petawawa with many amenities. Offering all 2 Bedroom Units priced at only $87,000 per unit! This building has the POTENTIAL to gross over $300k at market rents and offer an 8% cap rate. Incredible opportunity with massive upside potential and possibly space for another smaller building on the lot. Tons of parking, coin operated laundry, and single storage room on each level. Extremely well-maintained building and excellent tenants (many retired). Mandatory 48 hr. irrev. on all offers. New Roof (2017). VERY CLEAN, WELL MAINTAINED BUILDING! Price is FIRM, Replacement cost over $7,500,000! (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES
Listed on: October 31, 2024

On market: 21 days

Heating Type	Baseboard heaters
Heating Fuel	Electric
Stories Total	2

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Cheryl Jones, Sales Representative - Direct: 613.265.7566 – Office: 613.692.2555 – cheryljones@royallepage.ca

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42A HURON STREET Deep River, Ontario K0J1P0

Baseboard heaters

YOU MIGHT ALSO LIKE THESE LISTINGS

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6830 HARBOUR STREET Ottawa $250,000 Beds: Baths: Sq Ft:ArrayAdam Babineau

380 FISHER STREET North Bay $750,000 Beds: Baths: Sq Ft:ArrayBrooke Kelly-Sipes

1303 HILLY LANE Kemptville $757,000 Beds: 3 Baths:1 Sq Ft:ArrayLinda Williams | Broker

1564 SCOTTANNE STREET Ottawa $1,099,000 Beds: 5 Baths:3 Sq Ft:ArrayChantal Maher

100 TAY STREET Ottawa $1,099,000 Beds: 3 Baths:3 Sq Ft:ArrayDebra Cherry

1352 RAVEN AVENUE Ottawa $458,888 Beds: 2 Baths:1 Sq Ft:ArrayKevin Feely

109 NORTH CHANNEL ROAD Johnstown $249,000 Beds: 2 Baths:1 Sq Ft:ArrayNatalie Sobhie

401 COUNTY RD 2 ROAD Cardinal $849,000 Beds: 3 Baths:2 Sq Ft:ArrayDEBRA LYNN CURRIER | Broker

1051 BUTLER BOULEVARD Petawawa $589,900 Beds: 4 Baths:2 Sq Ft:ArrayKim Habraken

201 METCALFE STREET Ottawa $10,795,000 Beds: Baths: Sq Ft:ArrayNick Ricciuto

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310 CATHCART STREET UNIT12 Ottawa $699,000 Beds: 3 Baths:3 Sq Ft:ArrayBea Teixeira

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Lot 44 FALCON LANE Russell $604,900 Beds: 3 Baths:3 Sq Ft:ArrayEric Fournier

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3695 FRONT ROAD Hawkesbury $1,175,000 Beds: 3 Baths:3 Sq Ft:ArraySharon Forbes

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