5

Multi-family For Sale $2,550,000 3842 GARY STREET, North Glengarry, Ontario

MLS#: X12283996

ROYAL LEPAGE TEAM REALTY
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Summary
Status
Active

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Address
3842 GARY STREET, North Glengarry, Ontario
Size
Listing Type
For sale
Property Type
Multi-family
Commercial Type
Multi-Family

Photos

5

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:23770)

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
City North Glengarry
Province Ontario
PostalCode K0C1A0
Country Canada
Location Description Concession Rd 1 and Joanne St, Gary St, and Bobby St
Community Name 719 - Alexandria
Street Address 3842 GARY STREET
Property TypeMulti-family
Transaction TypeFor sale
MLS #X12283996
Size Total28.24 ac
Size Frontage836 ft ,8 in
AcreageYes
Farm TypeOther
Size Depth1374 ft ,6 in
Size Irregular28.24
Zoning DescriptionMobile Home Park
Property TypeMulti-family
Size Interior 28 ac
Type Multi-Family
Fireplace Present False
Price 2550000.00
Listing Contract Date 2025-07-14
Lease 0.00
Business Name White Cedar (North)
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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Contact

For more details, please contact our specialists.

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Specialists

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

Eugen Klein

B.Comm, FRI, CLO, CRES, ARM®, RI, CCIM, CIPS, ICD.D

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