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  • * $11,995,900
  • Acres1.56
  • Built2023
  • DOW24
$11,995,900

987 North Russell Road, Russell in Russell, ON

This is a Multi-family Listing.

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987 North Russell Road, Russell in Russell

ATTENTION INVESTORS! Newly constructed 44-Unit building. Incredible income producing property in the growing town of Russell. This building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 44-unit building will produce immediate cash flow. Conveniently located in the growing town of Russell just 40 minutes from downtown Ottawa. Features include efficient electric baseboard heating systems and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 59 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Located in the growing bedroom community of Russell, On, 40 minutes from downtown Ottawa and within the Nation's Capital region. Minutes to the similar community of Embrun and Ottawa's other east end neighbourhoods. All numbers are estimated from previous developments, pls inquire. (id:6289)

$11,995,900
987 North Russell Road, Russell, Ontario

Essential Information

  • MLS® #1296025
  • Price$11,995,900
  • Bathrooms0.00
  • Acres1.56
  • Year Built2023
  • TypeMulti-family
  • Sub-TypeFreehold
  • Days on Website24

Amenities

  • Parking Spaces59

Exterior

  • ExteriorStone, Siding

Community Information

  • Address987 North Russell Road
  • SubdivisionRussell
  • CityRussell
  • Postal CodeK4R1C7

Interior

  • HeatingElectric Baseboard heaters
  • # of Stories3

Listing Details

  • Listing OfficeEXP REALTY
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