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Article #6175

Only $625000, Ontario 25 Unit building, New Roof, Retrofitted, Absentee Landlord, High Return

#6175
From: fwintrust
Date: Sun, 18 Jun 2006 07:20
23 lines
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More photos at http://www.anykindjob.com/building.html Price: $625,000
CDN (approx. $570,000 USD). Located in downtown Smiths Falls, Ontario,
Canada. 40 mins to Ottawa. Smiths Falls is the chocolate capital of
East Canada and a popular tourist destination. The property is in
walking distance to all amenities. Over 21,000 square foot interior
space. Currently 13 apartments with own bathroom, kitchen, 1 large
commercial tenant (bar & grill), 1 additional commercial space, 1
office and 9 large residential rooms (share bathrooms and common
areas), and numerous storage rooms. Always well rented. Excellent
return. Masonary structure. New roof ($30K) in Dec 2003. Building was
completely fire retrofitted in 2005 (over $80K) and had numerous
improvements. High ceiling between the floors, large room windows, wide
stairs, mosaic windows, beautiful antique modelings. Full size full
height basement. Advanced alarm system thoughout the building.
Recognized for its architect beauty. Lots of potential. High resolution
color security camera system monitors entire building's public areas
and records views and sounds 24 hours (with $30-40/m can be seen by
absentee owner via Internet). Property management company available for
absentee owner.
Website and contact info: http://www.anykindjob.com/building.html

[Serious inquiry only. Please use the contact info provided. Do not
reply here.]
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From: fwintrust@yahoo.com
Newsgroups: misc.consumers.house,va.forsale,can.forsale,alt.business,mn.forsale
Subject: Only $625000, Ontario 25 Unit building, New Roof, Retrofitted, Absentee Landlord, High Return
Date: 18 Jun 2006 00:20:18 -0700
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