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400 FRANKTOWN ROAD
Carleton Place Carleton Place K7C2N5

$7,299,900
Multi-family baths: 0.0 built: 2023

Picture of Previous Development and 400 Franktown Rd will be very similar.
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1296093
Year Built:
2023
ATTENTION INVESTORS! This 24 unit building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 24-unit building will provide immediate cash flow. Conveniently located in the growing town of Carleton Place just 45 minutes from downtown Ottawa and halfway between the towns of Perth, Almonte and Smiths Falls. Walking distance to parks & recreation, shopping, transit and other essential amenities. This building features an efficient electric baseboard heating system and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 36 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Income & expenses are estimated based on similar completed buildings. (id:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Zoning:
R3
Ownership Type:
Freehold
Property Management Company:
EOPMG -
Community:
Carleton Place
Number of bathrooms:
0.0
Half Bathrooms:
0
Exterior Finish:
Stone, Siding
Fireplace:
No
Heating:
Baseboard heaters
Heating Fuel:
Electric
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Frontage:
235'
Acreage:
No
Lot Size:
234.97 ft X 0 ft
Lot Details:
234.97 ft X 0 ft
Total Parking Spaces:
36
  • Photo 1: 400 FRANKTOWN ROAD-Carleton Place-Carleton Place
    Picture of Previous Development and 400 Franktown Rd will be very similar.
Listed by EXP REALTY
Data was last updated December 8, 2022 at 09:45 AM (UTC)
CHARLES KHOURI
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