Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,084 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 $640 per year. Connected to the city water supply Please note that the negotiation margin is low. (id:19720)
MLS® Number | X12149112 |
Property Type | Business |
Community Name | 706 - Winchester |
Farm Type | Other |
Heating Type | Baseboard Heaters |
Size Interior | 1 Acres |
Utility Water | Municipal Water |
Acreage | Yes |
Size Depth | 192 Ft ,5 In |
Size Frontage | 298 Ft ,1 In |
Size Irregular | 1.32 |
Size Total | 1.32 Ac |
Size Total Text | 1.32 Ac |
Zoning Description | R1-1 |
https://www.realtor.ca/real-estate/28314033/12170-county-3-road-north-dundas-706-winchester
Contact us for more information
Emily Blanchard
Broker
(613) 774-4253
(613) 703-6651
www.ottawacountryhomes.ca/
Nathan Lang
Salesperson
(613) 774-4253
(613) 703-6651
www.ottawacountryhomes.ca/
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