Business For Sale in South Glengarry

Asking Price: ?

$699,000

Business Description

ATTENTION INVESTERS!! Unique opportunity awaits you just outside the village of Green Valley. This 7-plex has a CAP RATE OF 10.1%!! One of the lower paying tenants is moving out on July 1st so that will increase the cap rate.There are two residential properties and a garage located on 3.5 acres. The main unit is a 2-storey house that has four apartments. The second building is home to three apartments. A garage is rented to one of the apartment tenants. All units have tenants and require a minimum of 24 hours' notice for showings. This property is less than ten minutes to Alexandria and has easy access to both the 401 and the 417 highways. The Net Operating Income is $70,418. (id:63340)

Business Details

Listing Reference # (Optional)

X11904391

Listing Title

Business For Sale in South Glengarry

Property Type

Business

Street Address

South Glengarry, Ontario

Last Updated

Tue, 10 Jun 2025 17:35:08 GMT

Contact JAMIE MACDONALD for more information

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