413 RIDEAU STREET
Kemptville, Ontario K0G1J0

Centrally located mixed-use building in the heart of growing Kemptville.Lots of parking and visibility. Commercial on the first-floor that can be configured as one large unit or two smaller (currently two units). One bedroom walk-up apartment on the second-floor with a large deck.Full-service laundromat within a minute walk. Wonderful long-term tenants,easily rentable and never been vacant.Leased plus utilities. $30k gross per year, owner only pays taxes. Upgrades include rustproofed and painted main roof (2016) and new steel on back first-level roof (2017). Front porch structurally improved,wheelchair ramp added,all decking and stairs stained (2018) and re-stained (2021). Great investment property with great tenants in a low maintenance building.Affordable investment that will continue to appreciate as Kemptville grows or can be a storefront for your own business with extra income from the apartment or converted back to residential. (5158823)