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.
Address
12170 County 3 Road
List Price
$379,900
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
Other
Transaction Type
Sale
Area
North Dundas
Sub-Area
706 - Winchester
Region
Stormont, Dundas and Glengarry
Floor Area
< 700 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
199.16
Lot Shape
Irregular
Lot Size Units
Feet
Lot Width
299.51
Occupant Type
Owner+Tenant
Cross Street
North St and Ottawa St
MLS® Number
X12586880
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Basement Area
None
Postal Code
K0C 2K0
Posession Details
Flexible
Parking Places (Total)
12
Parking Spaces
12
Tax Amount
$2,901.95
Tax Year
2025
Site Influences
School Bus Route
Interior Features
Other
Property Features
School Bus Route
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Other
Heat Type
Other
Cooling Features
Other
Construction Materials
Other
Direction Faces
East
Fireplace
No
Foundation Details
Other
Garage
No
Garage Type
None
Pool Features
None
Roof
Other
Tax Legal Description
PT LT 4 CON 7 WINCHESTER PT 1, 8R4588; NORTH DUNDAS
Waterfront
No
Sewer
Septic