A truly rare investment opportunity in the heart of Laurentian Valley! Originally Forest Lea Public School, this iconic landmark has been expertly transformed into six stunning, bright, and exceptionally spacious residential apartments, blending historic character with modern living. Perfectly positioned on just over an acre between Pembroke and Petawawa, this rock-solid building offers a prime location with strong, consistent rental demand. This is the kind of investment that rarely comes available. The property is fully occupied by six outstanding long-term tenants with an excellent payment history, providing dependable, hassle-free cash flow from day one. Currently generating over $100,000 in annual rental income, this is a proven, high-performing asset with stability, strong financials, and long-term upside. Whether you're looking to expand your portfolio or secure a standout income-producing property, this is an exceptional opportunity you won't want to miss. (id:15069)
| MLS® Number | X13569498 |
| Property Type | Multi-family |
| Community Name | 531 - Laurentian Valley |
| Parking Space Total | 10 |
| Structure | Barn |
| Bathroom Total | 6 |
| Bedrooms Above Ground | 11 |
| Bedrooms Total | 11 |
| Appliances | Dryer |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block, Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 5,000 - 100,000 Sqft |
| Type | Other |
| Utility Water | Drilled Well |
| No Garage |
| Acreage | No |
| Sewer | Septic System |
| Size Depth | 308 Ft ,10 In |
| Size Frontage | 161 Ft ,4 In |
| Size Irregular | 161.4 X 308.9 Ft |
| Size Total Text | 161.4 X 308.9 Ft |
https://www.realtor.ca/real-estate/30039844/3399-b-line-road-laurentian-valley-531-laurentian-valley
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