24-26 MAIN STREET S, North Glengarry

$649,000

For sale: Multiplex

Multiplex at 24-26 MAIN STREET S, North Glengarry
Property type
Investment
MLS®
MLS® X13787852
Neighbourhood
719 - Alexandria

6-plex unit located on Main Street in Alexandria. The historic building is home to two commercial units and 4 apartments, three 1 bedroom units and one 3 bedroom unit. All six units are currently occupied. This property has great investment potential. All residential units are accessible though an interior staircase and have high ceilings with a view of Mill Pond. As per form 244, 24 hr irrevocable. Cap rate 10.2%

Sold data

Homes in Alexandria — recent sold market

Homes in Alexandria took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 76, across 45 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.

The median sale price was $380,000.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$380,000
Sale-to-list ratio
96.9%
Sold above asking
7%

Based on 45 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 24-26 MAIN STREET S