South Glengarry - 724 - South Glengarry (Lancaster) Twp
South Glengarry - 724 - South Glengarry (Lancaster) Twp
Listed For $1,899,000
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An entire 12-unit apartment-style condominium building offering multiple strategies for the savvy investor. Each unit is a fully registered 2-bedroom condo with parking, providing the option to hold as a single income-generating asset or sell units individually for future profit, with an estimated market value of approximately $200,000 per unit.Two units were recently rented at $1,550 per month, setting the precedent for the buildings pro forma at an impressive $223,200 in annual income potential. This is a high-performing property in a strong rental market with steady demand and room to grow. Each condo has in-unit laundry, aside from the 4 basement units which share a coin laundry room (bringing in additional passive income). All major capital components are in good condition, and the bu
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* Values are estimates only and not a guarantee of lending or affordability.
