987 NORTH RUSSELL ROAD

Multi-family For Sale in Russell, Ontario

$11,995,900
ATTENTION INVESTORS! Newly constructed 44-Unit building. Incredible income producing property in the growing town of Russell. This building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 44-unit building will produce immediate cash flow. Conveniently located in the growing town of Russell just 40 minutes from downtown Ottawa. Features include efficient electric baseboard heating systems and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 59 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Located in the growing bedroom community of Russell, On, 40 minutes from downtown Ottawa and within the Nation's Capital region. Minutes to the similar community of Embrun and Ottawa's other east end neighbourhoods. All numbers are estimated from previous developments, pls inquire. (id:4069)
Address 987 NORTH RUSSELL ROAD
List Price $11,995,900
Property Type Multi-family
Area Ontario
Sub-Area Russell
Lot Size 224.74 ft X 301.77 ft Sq. Ft.
Year Built 2023
MLS® Number 1296025
Listing Brokerage EXP REALTY
Postal Code K4R1C7
Zoning R3

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395 Wellington Rd., Unit 11B, London On N6C 5Z6

Office: (519) 601-1160

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