191 Castor Street, Russell, Ontario, K4R1B8

For sale

$1,499,900

$1,499,900

191 Castor Street, Russell, Ontario, K4R1B8

For sale

Overview

 

$1,499,900

Property Type:
Multi-family


Bedrooms


Bathrooms

1995
Year Built

Description of 191 Castor Street

Discover an outstanding residential and commercial investment in Russell, boasting a spacious 4800 sqft all brick building with a basement area. Currently, the main floor hosts four leased commercial units, while upstairs features three apartments: two 2-bedroom and one 3-bedroom. The basement includes pay laundry facilities and individual storage lockers for each unit. With a large heat pump boiler system ensuring efficiency, this property offers 26 parking spots and a compelling 5.9% cap rate. Gross Operating Income stands at $122,118 (excluding Commercial HST), with Operating Expenses of $33,401.15, resulting in a Net Operating Income of $88,716.85 (excluding Commercial HST). Commercial AC Units x 4 replaced in 2022. With its prime location and high rental demand, this investment opportunity in Russell is not to be missed. Schedule a viewing today to secure your position in this flourishing market. (id:57323)

Transportation Information

45.2576422
-75.357845
191 Castor Street, Russell, Ontario, K4R1B8
Loading WalkScore data...
/ 100

Walk Score®

/ 100

Transit Score®

/ 100

Bike Score®

Google Maps

Property Address: 191 Castor Street, Russell, Ontario, K4R1B8

Community
Neighbourhood

Property SummaryLast Updated: 2024-24-04

Price
$1,499,900
Ownership Type
Freehold
Cooling Type
Central air conditioning
Heating Fuel
Natural gas
Heating Type
Forced air, Heat Pump

Additional Details

Size Depth
100 ft
Size Irregular
125 ft X 100 ft

Features

Parking Space Total
26
Constructed Date
1995
Exterior Finish
Brick
Fireplace Present
False
Foundation Type
Poured Concrete
Stories Total
2
Utility Water
Municipal water
Size Total Text
125 ft X 100 ft
Size Frontage
125 ft
Acreage
false
Sewer
Municipal sewage system
Zoning Description
471

Parking options:

Leo Trudel Real Estate Agent

Léo Trudel

Sales Representative
SUTTON GROUP - OTTAWA REALTY, BROKERAGE
Ready to step into your dream home? Secure your exclusive viewing now, and let's discuss all the details that make this property yours. Your perfect home awaits – request more information now.

This field is for validation purposes and should be left unchanged.

The Neighbourhood

Comparables

Sorry, we couldn't find any properties at the moment.

Unlock Your Real Estate Potential:

Ready for the Next Step?

Let's Elevate Your Property Journey Together!