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3842 GARY STREET

North Glengarry, Ontario K0C1A0

$2,550,000 for sale



MLS®:
X12283993
Contract Days:
5
Community:
Ownership:
Property Type:
Other
Total Size:
836.7 x 1374.6 FT|25 - 50 acres
Built Date:
Parking:
Bedrooms:
+
Bathrooms:
Interior Features

Construction Style:
Total Stories:
1
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features

Built Date:
Exterior Finish:
Foundation Type:
Utitilies

Heating Type:
Other
Heating Fuel:
Cooling Type:
Utility Water:
Sewer:
Septic System
Total Fireplaces:
Type
Level
Size

Note

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:19004)

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