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$299,000 total
—
Asset Class
Multifamily
Size
—
Building class
A
Zoning
RF6 — Medium Density
$ / SF
—
Occupancy
82%
Year Built
1971
Lot Size
0.5164497907019269 ac
Situated just outside Nackawic and conveniently located directly across the river from the Trans-Canada Highway, this purpose-built duplex presents an exceptional opportunity for savvy investors and live-in landlords alike. Offering two bedrooms on the main level and two additional bedrooms on the lower level, maximizing overall rental capability and living space. One unit has been beautifully renovated and updated, while the exterior of the building boasts newer roofing, siding, and energy-efficient windows for added peace of mind. Both units feature brand-new ductless heat pumps to deliver year-round heating and cooling comfort while keeping utility costs low. Currently earning $1,200 per month per unit, the financial returns speak for themselveschoose to hold the property as a turnkey, fully rented income producer, or move into one unit and let the tenant next door virtually cover your entire monthly mortgage payment. Basement bedrooms are non-conforming. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$8K
Annual cash flow
$-8K
Cash-on-cash
-9.01%
DSCR
0.51
Going-in cap
2.84%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
54,688
Households
22,146
Median income
$94,500
Median age
45.8
Daytime population
90,749
5-yr growth
6.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 179 Campbell Settlement Road, Rossville.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.