For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,385 sqft
Price per Sqft $213
MLS Listing ID 40661577
Bedrooms 1
Annual Tax Amount $3,538
Property Description
Excellent Investment opportunity on this well maintained 2 storey building. Two Commercial stores with leases, 3 Apartments include 2- 2bedroom and Bachelor style. Lots of updates with modern kitchens, flooring, bathroom and freshly painted. Front and rear Entrance and parking available at rear. The lot is 30.42 feet frontage with 148.50 depth in a great location
Unit #1 - 1 Bedroom Updated, Potential Rent 1100- per month -includes fridge & stove - hydro 687.07
Unit #2 - Bachelor Apartment, Updated, Potential Rent 800-900 per month - vacant includes fridge and stove - hydro 1,455.49 (includes common area upstairs)
Unit #3 - Tenant occupied 2 Bedrooms - Great for Owner occupied $750 per month includes fridge and stove - heat 994.62, hydro 1,083.10
Lower Unit #1 - Office Space Lease renewed Jan 24/24 12,600 renovated ($818.23 hydro and heat included)
Lower Unit #2 - Office Space Lease renewed Jan 24/24 17,764 plus hst ($1604.43 hydro & heat included)
Commercial Gas (1 Furnace $1,314.20)
Snow Removal $700.00 Water & sewers $630.05. Renews yearly depending on Government
Commercial Unit with heat, hydro & snow removal included.
Location
Province ON
County Huron
Area Huron East
Zoning C4
Rooms
Kitchen 0
Interior
Heating Electric, Forced Air, Natural Gas
Cooling Central Air
Laundry Other
Exterior
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Ample Parking, Dog Park, City Lot, Near Golf Course, Hospital, Library, Park, Place of Worship, Playground Nearby, Schools, Trails
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Seaforth Public/St. James Catholic
High Schools Chss/St. Anne'S Catholic
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Get More Information