98 North Street, Lanark Highlands | Image 1
$500,000 est.*: $1,694/mo
For Sale

Added 1 week ago

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  • Type: Fourplex

  • Style: 2-Storey

  • Lot Size: 105 x 60 Feet

  • Age: No Data

  • Taxes: $2,510 per year

  • Days on Site: 1 Days

  • Added: Feb 04, 2025 (1 week ago)

  • Updated:

  • Last Checked: 9 hours ago

  • MLS®#: X11955993

  • Listed By: Re/max hallmark realty group

LANARK 4-PLEX GROSSING $41,780. INDIVIDUAL RENTS ARE (1) $721.11 (2) 1,023.04 (3) $637.53 (4) $1,100- VACANT. EXPENSES; TAXES= $2,510 INSURANCE= $3,520 HYDRO= $600 PROPANE= $1,400 TOTAL EXPENSES= $8,030/YEARLY. NET OPERATING INCOME= $33,750 STEEL ROOF, ALL TENANTS PAY THEIR OWN HYDRO/HEAT, PROPANE HOT WATER TANK, FULL BASEMENT FOR STORAGE, COPPER WIRING W/BREAKER PANELS, NEWER WATER PRESSURE TANK, HARDWOOD FLOORS, LANARK HAS THE HIGHEST RETURN ON INCOME PROPERTIES IN LANARK COUNTY, LOCATED JUST 45 MINUTES FROM DOWNTOWN OTTAWA, 10 MILES NORTH OF PERTH, 20 MINS WEST OF CARLETON PLACE, LANARK HAS A PIZZERIA & CHIPSTAND(S) & GROCERY STORE & GAS STATION & LIBRARY & TOWNHALL, MORE & MORE OTTAWA BUYERS ARE BUYING IN LANARK DRIVING PRICES UP, BUY BEFORE VALUES SKYROCKET

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Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2-Storey

  • Area: Lanark Highlands

  • Community: 919 - Lanark Highlands (Lanark Village)

  • Availability Date: TBA

Inside

  • Bedrooms: 6

  • Bathrooms: 4

  • Kitchens: 4

  • Rooms: 12

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Central Vacuum: N

  • Washrooms: 4

Building

  • Basement: Other

  • Basement 2: Unfinished

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Alum Siding

  • Water Supply: Well

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: LANV CON 3 PT LOT 2 PLAN 320 PT LOT 5 E GEORGE

  • Taxes: $2,510

Highlights

  • Feature: Library

  • Feature: Public Transit

  • Feature: Rec Centre

  • Feature: School

Land

  • Cross Street: North and George Str

  • Municipality District: Lanark Highlands

  • Fronting On: North

  • Parcel Number: 050360050

  • Pool: None

  • Sewer: Septic

  • Lot Depth: 60 Feet

  • Lot Frontage: 105 Feet

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Car-Dependent

  • Most errands require a car.
43 /100

Somewhat Bikeable

  • Most errands require a car.
36 /100
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