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Royal LePage
Royal LePage
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$2,550,000

North Glengarry ON, K0C 1A0

MLS® # X12594916

Property Information:

WOW! Just over $216,000 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. Massive 1,212,710-square-foot residential lot. Beyond the income it generates, it already has substantial value based solely on the land. 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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Architectural Style: Bungalow
  • Basement Type: None
  • Floor Space: 0 - 699 sqft
  • Heating Type: Other
  • Cooling Type: None

Property Features:

  • OwnershipType:
  • Property Type: Multi-family
  • Features: Irregular lot size
  • Floor Space (approx): 0 - 699 Square Feet
  • Irregular: Yes
  • Lot Depth: 1374.6 Feet
  • Lot Frontage: 836.7 Feet
  • Lot Size: 836.7 x 1374.6 FT
  • Sewer: Septic System
  • Parking Type: No Garage

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⚠ Potential Investment Performance

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Location of 3842 GARY STREET, North Glengarry, Ontario, K0C 1A0

Demographic Information of 3842 GARY STREET, North Glengarry, Ontario, K0C 1A0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,171.50

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.49 %

High school certificate or equivalent

38.35 %

Apprenticeship trade certificate/diploma

8.7 %

College/non-university certificate

21.87 %

University Degree

7.59 %

Commuter

Travel To Work

By Car

95.11 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

4.89 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.02 %

Houses

95.98 %

Own Vs. Rent

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