LOADING

12170 County 3 Road North Dundas, Ontario K0C 2K0

1 ac
Acreage

$379,900

Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,903 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $394 per year. Connected to the city water supply Please note that the negotiation margin is low. (id:59524)

Property Details

MLS® Number X12586876
Property Type Vacant Land
Community Name 706 - Winchester
FarmType Other

Building

SizeInterior 1 Ac
UtilityWater Municipal Water

Land

Acreage Yes
Sewer Septic System
SizeDepth 192 Ft ,5 In
SizeFrontage 298 Ft ,1 In
SizeIrregular 1.32
SizeTotal 1.32 Ac
SizeTotalText 1.32 Ac
ZoningDescription R1-1

https://www.realtor.ca/real-estate/29147743/12170-county-3-road-north-dundas-706-winchester

Save $21,000+ On Your Next Home Purchase

Get 20+ years of home-buying secrets I’ve used with over 500 clients, so you can get your dream home for the price you want

Access For Free

Interested?

Contact us for more information about this listing.

"*" indicates required fields

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