24 ASA STREET
Kemptville, Ontario K0G1J0

A chance to own a small multi family building in the heart of Kemptville. This lovely Red brick 2 story has 5 already rented apartments. 2 - 2 bedroom units and 2 1 bedroom units and 1 bachelor unit. a yearly rental income of approx $50,000. The lot size is 90ft x 123ft and allows for a potential severance off the back. The Seller has spoke with the planning dept and believes that it could be approved. There is a storage unit currently at the back of the property The investment potential is huge....North Grenville has such a short supply of good rentals. There's potential to add more units on the back if a severance is not desired. With Covid restrictions in place, the Seller will require an acceptable offer to purchase prior to viewing the rental units. 1 unit is at very low rental rate. The bachelor unit has just become vacant. The new rent price is not reflected in the Gross Income (5147474)