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Home ON North Glengarry
3842 GARY STREET
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3842 GARY STREET $2,550,000
$2,550,000
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3842 GARY STREET
North Glengarry, Ontario K0C1A0

MLS® Number: X12283998

Listing Description

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! (40887211)

Location Description

Concession 1 and Joanne St, Gary St, and Bobby St

Property Summary

Property Type
Vacant Land
Community Name
720 - North Glengarry (Kenyon) Twp
Land Size
28 ac
Annual Property Taxes
$34,242.49
Time on REALTOR.ca
20 days

Building

Building Features
Features
Irregular lot size
Utilities
Utility Sewer
Septic System
Business
Business Name
White Cedar (North)

Measurements

Square Footage
28 ac

Land

Lot Features
Frontage
936 ft ,8 in
Land Depth
1374 ft ,6 in
Other Property Information
Zoning Description
Mobile Home Park
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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