122 James Street West, Prescott, ON K0E 1T0 $260,000
Triplex – with zoning for an 8 Plex or sever the lot into 2 for semi-detachment units
Looking for an investment in the up and coming Town of Prescott, this property is zoned for an 8 plex if you like a bigger project and there is lots of potential on this piece of property…. Prescott is located off the 401, 15 min to Brockville, 40 mins to Ottawa, Cornwall and 55 min to Kingston. Giant Tiger Warehouse will fully operational later this year, Ogdensburg Internation Airport(http://www.ogsair.com) is a 20 minute drive from Prescott and flies directly to Florida 3 times a week, just recently Prescott and New York State have approved a Ferry from Prescott to Ogdensburg for bikes and motorbikes, Aqua Resort is also looking to build a 200 room hotel with indoor water park (http://aquaworldresort.com) what more could you ask for..
The lot could be severed into 2 lots for semi detachment units, verify all information with the Town of Prescott.
Tenant in 122A(upper unit has been there since 2016) pays 700.00 all-inclusive,122(lower unit has been since October 2017 ) pay 850.00 all-inclusive and tenant in 130(4+ years) pay 750.00 plus heat, hydro, water/sewer. Each unit has its own furnace, hot water heaters, gas meter, hydro and water/sewer meters. Hydro, water, and sewer are included in one bill with Rideau St Lawrence Hydro.
Hydro, Water/Sewer – $3995.11
Gas – $1415.33
Taxes – $2095.00
Inclusive – 3 Fridges, 3 Stoves, 3 Washer, 3 Dryers, 3 Hot Water Heater
Exclusive – Tenants Belongings
Directions – Head South on Edward Street, drive over Train Overpass after light you will turn right onto James St., West and unit is the first on the right-hand side, Unit numbers are 122, 122A and 130.
Roof – 2017
Unit 122 has been renovated prior to Tenants moving into unit in Oct. 2017
Location & Information
- Bedrooms: 2-1 Bedroom, 1-2 Bedroom
- Bathrooms: 1-4pc-2-3pc
- Property Type: Multi Family, Rental Income
- Lot: 133.01 ft X 136.00 ft sqft
- Year built: Older
- Added: 3 months ago
- Postal Code: K0E 1T0