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413 Rideau Street Kemptville, Ontario K0G 1J0

$399,900

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.As per form 244 offers must have 24 hours irrevocable (id:34193)

Property Details

MLS® Number 1242472
Property Type Retail
Neigbourhood Kemptville
Parking Space Total 8

Building

Constructed Date 1900

Land

Acreage No
Size Depth 90 Ft
Size Frontage 62 Ft
Size Irregular 62.01 Ft X 89.97 Ft
Size Total Text 62.01 Ft X 89.97 Ft
Zoning Description C1

https://www.realtor.ca/real-estate/23226200/413-rideau-street-kemptville-kemptville

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Jill Dulmage
Broker

(613) 620-0011
www.jilldulmage.com

Royal LePage Team Realty
605 Townline Rd
Kemptville, Ontario K0G 1J0

(613) 258-1990
(613) 702-1804
www.teamrealty.ca

Jessica Kehoe
Salesperson

(343) 572-2274

Royal LePage Team Realty
605 Townline Rd
Kemptville, Ontario K0G 1J0

(613) 258-1990
(613) 702-1804
www.teamrealty.ca

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