100 Mill Street, Russell | Image 1

100 Mill Street

Russell

  • - bed - bath
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Mar 04, 2022

Note: Property is not currently for sale or for rent.

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  • Type: Duplex

  • Style: 2-Storey

  • Lot Size: 28.22 x 99.05 Feet

  • Age: 6-15 years

  • Taxes: $3,544 per year

  • Days on Site: 4 Days

  • Added: Feb 28, 2022 (4 days on market)

  • Updated:

  • Last Checked: 9 hours ago

  • MLS®#: X5518066

  • Listed By: Keller williams realty centres, brokerage

Incredible 5.9% Cap On A 12-Year-Old Multifamily! This Property Features A Full 3-Bed 2.5-Bath Home On The Main & Upper Floor Plus A 2-Bedroom Fully Legal Basement Apartment W/ Separate Entrance & Utilities. Highest-Earning Residential Property To Ever Hit The Market In Russell. Gross Rents $41,940, Net $35,486, Cash Flow $14,628 ($1,219/Mth). Long-Term Cash Flow Is $438,840 Over 30Yrs. Near-Zero Vacancy Rate In Russell. Modern Build Suggests Low Maintenance.

Extras

Rents Are $3,495/Month ($1900 3-Bed, $1595 2-Bed), $41,940 Annually, Happy Tenants. Total Expenses Approx. $6,454. Net $35,486. Cash Flow $1,219 Per Month; $14,628 Annually. Long-Term Cash Flow Is $438,840 Over 30Yrs W/O Rent Increases.

Status

  • Days on Market: 4

  • Last Status: Sold

  • Sold Date: Mar 04, 2022

  • Closed Date: Apr 04, 2022

  • Expiry Date: Aug 28, 2022

  • Sold Price: $715,000

  • Unavailable Date: Mar 04, 2022

  • Input Date: Mar 01, 2022

  • Prior LSC: Listing with no contract changes

Property

  • Status: Sale

  • Property Type: Duplex

  • Style: 2-Storey

  • Age: 6-15

  • Area: Russell

  • Availability Date: Flexible 30-60

Inside

  • Bedrooms: 3

  • Bedrooms Plus: 2

  • Bathrooms: 4

  • Kitchens: 1

  • Kitchens Plus: 1

  • Rooms: 8

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Washrooms: 4

Building

  • Basement: Apartment

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Mutual

  • Garage Spaces: 1

  • Garage Type: Attached

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 3

Fees

  • Tax Year: 2021

  • Tax Legal Description: Pt Lt 3 North Side Mill St, Pl D.B.Brown 1853 Russ

  • Taxes: $3,544

Land

  • Cross Street: Mill St And S Russel

  • Municipality District: Russell

  • Fronting On: North

  • Parcel Number: 690740123

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 99.05 Feet

  • Lot Frontage: 28.22 Feet

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Map of 100 Mill Street, Russell
JK-8

Paris Central Public School

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8.37 km
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St. Theresa School

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5.93 km
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Blessed Sacrament School

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North Ward School

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