$799,900 / MLS® Listing #:1224628

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Wonderful opportunity to purchase this beautiful triplex nestled in the picturesque hamlet of Watson's Corners in the Lanark Highlands. The former United Church has been sustainably renovated to the highest Energy Star 84 standards. All plumbing , electrical, heating, well pump and septic were replaced in 2013. The heating system is propane using a dual stage 95.5 AFUE rated wall boiler. Apt 1 in the main church has 17 ft ceilings with an open concept, and 2 bedrooms , Apt 2 and 3 are fully equipped 1 bedroom apartments. This triplex comes fully furnished ready to rent. Heating costs for the triplex are $969/yr. Outdoor 3 decks, detached 2 car garage and a 27 ft RV Falcon included. Apt 1 rents for $1600 per month and Apt 2 & 3 rent for $1200 each. This is the perfect investment opportunity for a long or short term rental. ANNUAL RENT INCOME $53,400 NOI: $47226, GREAT INVESTMENT. Fish, swim & hike. Perth is 25 minutes; Ottawa, 50 min Toronto, 3 ½ hrs. 24 hrs notice for all showings. (id:10452)

Property Details

Property Type Triplex
Square Feet
Maintenance N/A
Days On Our Website 9
Basement Unfinished - Crawl space (Unfinished)
Lot Dimensions 166.5 ft X 132 ft (Irregular Lot)
Pool N/A
Area Lanark
Air Conditioning Wall unit
Heating Electric, Propane - Forced air, Other
Exterior Vinyl, Wood shingles
Parking Spaces 10
Parking Type Detached Garage,Detached Garage,Visitor Parking
Sewers Septic System
Water Drilled Well


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