LOADING

12170 County 3 Road North Dundas, Ontario K0C 2K0

0 - 699 sqft
Other

$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 $395 per year. Connected to the city water supply Please note that the negotiation margin is low. (id:59524)

Property Details

MLS® Number X12586880
Property Type Multi-family
Community Name 706 - Winchester
CommunityFeatures School Bus
Features Irregular Lot Size
ParkingSpaceTotal 12

Building

BasementType None
HeatingType Other
SizeInterior 0 - 699 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Septic System
SizeDepth 199 Ft ,2 In
SizeFrontage 299 Ft ,6 In
SizeIrregular 299.5 X 199.2 Ft
SizeTotalText 299.5 X 199.2 Ft
ZoningDescription R1-1

https://www.realtor.ca/real-estate/29147744/12170-county-3-road-north-dundas-706-winchester

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