Lanark Highlands, ON K0G 1K0,98 North ST
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Lanark Highlands, ON K0G 1K0,98 North ST
Lanark Highlands, ON K0G 1K0,98 North ST
Lanark Highlands, ON K0G 1K0,98 North ST
Lanark Highlands, ON K0G 1K0,98 North ST
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$ 500,000
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98 North ST Lanark Highlands, ON K0G 1K0

6 Beds

4 Baths


UPDATED:

02/05/2025 01:35 PM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Subdivision 919 - Lanark Highlands (Lanark Village)

MLS Listing ID X11955993

Style 2-Storey

Bedrooms 6

Annual Tax Amount $2,510

Tax Year 2024

Property Description

LANARK 4-PLEX GROSSING $41,780. INDIVIDUAL RENTS ARE (1) $721.11 (2) 1,023.04 (3) $637.53 (4) $1,100- VACANT. EXPENSES; TAXES= $2,510 INSURANCE= $3,520 HYDRO= $600 PROPANE= $1,400 TOTAL EXPENSES= $8,030/YEARLY. NET OPERATING INCOME= $33,750 STEEL ROOF, ALL TENANTS PAY THEIR OWN HYDRO/HEAT, PROPANE HOT WATER TANK, FULL BASEMENT FOR STORAGE, COPPER WIRING W/BREAKER PANELS, NEWER WATER PRESSURE TANK, HARDWOOD FLOORS, LANARK HAS THE HIGHEST RETURN ON INCOME PROPERTIES IN LANARK COUNTY, LOCATED JUST 45 MINUTES FROM DOWNTOWN OTTAWA, 10 MILES NORTH OF PERTH, 20 MINS WEST OF CARLETON PLACE, LANARK HAS A PIZZERIA & CHIPSTAND(S) & GROCERY STORE & GAS STATION & LIBRARY & TOWNHALL, MORE & MORE OTTAWA BUYERS ARE BUYING IN LANARK DRIVING PRICES UP, BUY BEFORE VALUES SKYROCKET

Location

Province ON

County Lanark

Community 919 - Lanark Highlands (Lanark Village)

Area Lanark

Rooms

Family Room No

Basement Unfinished, Other

Kitchen 4

Interior

Interior Features Separate Hydro Meter, Propane Tank

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Private

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 105.0

Lot Depth 60.0

Total Parking Spaces 4

Building

Unit Features Public Transit,School,Library,Rec./Commun.Centre

Foundation Block

Others

Security Features Smoke Detector


Listed by RE/MAX HALLMARK REALTY GROUP

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98 North ST