$1,099,900

An impressive 15 bedroom building, configured as three units located steps to St. Lawrence College and directly across from Tim Hortons in the heart of Portsmouth Village. Once a medium sized home, an addition was created in the last 6 years at the rear for an additional 2 units comprising of a 6 bedroom and 2 bedroom unit. The exterior offers an incredibly large lot with 6 designated parking spaces, a front patio and side covered porch. An additional side entrance allows for direct use of the mechanical area for landlords and trades people. Gross rent brings in just less than $90,000 a year. Landlord pays taxes, utilities, insurance and maintenance. The units are heated with gas (forced air) and rents could potentially be increased as they have not been raised in the last 5 years. Huge windows and generously sized living spaces make this asset stand out. Investing in new construction with significant scale in size make this a compelling acquisition to your portfolio. (id:33452)