12170 County 3 Road,North Dundas, ON K0C 2K0
North Dundas, ON K0C 2K0
Description
Looking for a low-maintenance investment property? Let's chat about this income-generating mobile home park in Winchester. This 1.3 acre lot contains 7 mobile homes with land leases, located in a quiet community and backing onto fields on the edge of town, but still walking distance to all of the amenities available in Winchester. The owner of the mobile home park is responsible for infrastructure maintenance (road, water and septic), but the mobile home tenants are responsible for maintaining their homes, which results in a hands-off investment property. There is municipal water supplied to all homes, and each has it's own septic system. This is an excellent investment opportunity which has no vacancy loss with a 100% occupancy rate as tenants do not want to miss a payment and risk losing their home. Also, the insurance costs are far less than multi-residential properties. Winchester is a great town with all amenities including shopping, hospital and anything else you might need! Situated 40 min south of Ottawa. With the current demand for housing, this affordable option is sure to attract clientele for many years to come!
Details
| MLS# | X12013757 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 48 |
| Listing Provided By | ROYAL LEPAGE TEAM REALTY | X12013757 506812 |
Features
| SQ Feet | 57,499 |
|---|---|
| Acreage | 1.32 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Stormont, Dundas and Glengarry |
| City | North Dundas |
| Postal Code | K0C 2K0 |
| Area | 706 Winchester |
| Listing VS Median (in K0C 2K0) | |
Price: $399,900 low | high Med: $649,950 SqFt: 57,499 low | high Med: 277,792 $ / SqFt: $7 low | high Med: $151 On site: 48 low | high Med: 55.000000 | |
