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Back to search Home Countries Unknown North Dundas 12170 County 3 Road
CAD379,900
12170 County 3 Road
North Dundas
Owner+Tenant

About this home

Wow, real estate at 14 times gross income, with very low expenses! Rental of 7 mobile home lots: $27,903 per year Lower maintenance costs, unlike traditional rental buildings, mobile home parks generally require less maintenance. Tenants are responsible for the upkeep of their own homes. The investor only needs to handle common services, such as septic tank pumping or road maintenance. Therefore, there are no expenses related to window replacements, balconies, roofs, or repairing damaged units. High profitability since all mobile homes are owned by the tenants, they do not risk losing their homes. This ensures that rents are always paid without loss. In case of unpaid rent, the amounts are usually settled during the sale of the mobile home. Insurance premium: only $395 per year. Connected to the city water supply Please note that the negotiation margin is low.

Property facts

Property type
Owner+Tenant
Days on market
106 days

Location

Map unavailable
Approximate location · exact address shared on inquiry

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