MLS#: X12711420Listed: about 14 hours agoUpdated:about 14 hours ago
Description
Welcome to an exceptional and highly cash-flowing investment opportunity at 29 & 29A Marcel Street in the heart of Embrun, offering long term stability and versatility rarely found in today's market. This purpose built property is currently well suited and with long term leases with A++tenants, making it a strong income-generating asset with proven cash flow. The main residence at 29 Marcel Street features approximately 2,596sq ft above grade with 3 spacious bedrooms, 2.5 baths, a large backyard and a bright open concept design filled with natural light, an ideal layout for entertaining, relaxing, and enjoying peace and space. The secondary unit at 29A Marcel Street adds significant rental value with 2 generous bedrooms, a full 4-piece bath, a sun-filled 204 sq ft main-level den, and an additional 1,189 sq ft of livable basement space, offering flexible and highly rentable square footage. With parking for up to 5 vehicles, strong tenant appeal, and excellent layout efficiency, this property stands out as a turnkey, cash flow positive investment. Beautifully located near Ottawa just 30 minutes away, and being close to local coffee shops, restaurants, schools, highways, etc. This is an opportunity that truly does not come too often. Book your viewing today! (id:58075)
Details
Details for 29 Marcel Street, Russell, Ontario
Property Type
Multi Family
Building Type
Duplex
Storeys
2
Neighborhood
602 - Embrun
Land Size
36 x 134.9 FT
Year Built
-
Annual Property Taxes
$6,372
Parking Type
Attached Garage, Garage, Inside Entry
Inside
Appliances
Dishwasher, Dryer, Oven - Built-In, Two stoves, Two Washers, Two Refrigerators
Rooms
-
Bedrooms
5
Bathrooms
4
Fireplace
-
Fireplace Total
2
Basement
Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
Building
Architecture Style
-
Direction
Cross Streets: Blais Street. ** Directions: Blais Street, and Turn Left on Marcel Street.