12170 County 3 Road, North Dundas, ON

$379,900

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1.38

Acres

About 12170 County 3 Road

Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,084 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $640 per year. Connected to the city water supply Please note that the negotiation margin is low.

Features of 12170 County 3 Road

MLS® # X12149114
Price $379,900
Bathrooms 0.00
Acres 1.38
Type Residential Freehold
Sub-Type Multiplex
Style Other
Status Active

Community Information

Address 12170 County 3 Road
Area Stormont, Dundas and Glengarry
Subdivision 706 - Winchester
City North Dundas
Province ON
Postal Code K0C 2K0

Amenities

Parking Spaces 12
Garages None
Is Waterfront No
Pool None

Interior

Heating Other
Cooling Other
Fireplace No
Basement None

Exterior

Exterior Other

Listing Details

OfficeROYAL LEPAGE TEAM REALTY

Listing Map

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