Investing in anything can be risky and there's as much money lost as made with poor portfolio management. There's no such thing as a risk-free investment - whatever the publicity and hype says. Generally, the more expansive the promises, the greater the risk and the claims of quick and easy returns are the ones that are most likely to be broken but, with good and careful methodology, there are some sound investment opportunities around - Real Estate in Sarasota Florida is one of the best of them.

24 Unit commercial building, $649K for sale, 21000+ sf, extensively upgraded.

[Answer] [alt.building.realestate] [Newsgroups]

Subject: 24 Unit commercial building, $649K for sale, 21000+ sf, extensively upgraded.
From: taichitantiger@yahoo.com (commercial)
Newsgroups: misc.invest.misc, alt.building.realestate, realtynet.canada-intl, misc.consumers.house
Organization: http://groups.google.com
Date: Oct 20 2005 14:39:12

Photos at http://www.geocities.com/nortelsale/building.html Price:
$649,900. Excellent double digit rate of net return. Located in
downtown Smiths Falls, Ontario, Canada. 45 mins drive to Ottawa, 30
mins to Kanata. Walk to all amenities and businesses. Over 21,000
square foot interior space. Currently 13 apartments (own kitchen,
bathrm), one large commercial tenant (bar & grill), one additional
commercial space, 1 office and 8 single residential bachelor units, and
numerous storage rooms. Always well rented. Excellent return. Masonary
structure. Huge improvements in last two years inclusing new roof
($30K) in Dec 2003. Building was completely fire retrofitted in 2005
(over $80K). High ceiling between the floors, large room windows, wide
stairs, mosaic windows, beautiful antique modelings. Full size full
height basement. Advanced alarm system thoughout the building. Well
known for its architect beauty. For photos and contact info go to
http://www.geocities.com/nortelsale/building.html and/or Email:
mwintrust @ yahoo.ca (delete the space when email)

Date	Subject		Author
20.10.	24 Unit commercial building, $649K for sale, 21000+ sf, extensively upgraded.		commercial

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