3842 Gary St

For Sale 64 Days
$2,550,000
beds
baths

3842 Gary St

For Sale 64 Days
$2,550,000
beds
baths

Highlights

Key insights

Description

WOW! Just over $208,000 in annual gross income in Alexandria!! Solid, low-maintenance investment property now available with this excellent income-generating mobile home park in Alexandria. This 28 acre lot contains 47 mobile homes with land leases. Land tenants own their mobile homes in this very nice and quiet community. The owner is responsible for road, water and septic maintenance (infrastructure). There are drilled wells (14) to supply all mobile homes and each home has it's own septic system. This is an excellent opportunity which has no vacancy loss with a 100% occupancy rate as tenants do not want to risk losing their investment. Mobile home parks offer low maintenance costs because each tenant is responsible for their home, which also leads to low insurance costs for the park owner. Alexandria is a large town with all amenities including shopping, hospital and anything else you might need! Situated 1 hour from Montreal and 1hr from Ottawa. With the current demand for housing, this affordable option for housing is sure to attract clientele in the long-term! Ask for the information package! (id:55581)

Emily Blanchard of ROYAL LEPAGE TEAM REALTY,
#X12283993
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Heat type
    Other
  • Sewer/ septic
    Septic system
Exterior
  • # total stories
    1
Interior
  • # total bathrooms
    0.0
Location
  • Subdivision
    720 - north glengarry (kenyon) twp
  • Directions
    1744899
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12283993
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28603211/3842-gary-street-north-glengarry-720-north-glengarry-kenyon-twp
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-6,800

/ Month
25 Years fixed, 20% down payment, % interest
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%
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