Investment opportunity in the heart of Deseronto! This charming property adored by the community, seamlessly blends commercial convenience with residential income. Consisting of 6 residential units fully tenanted (month-to-month), a detached double garage with income potential, and a 3000 square footage commercial space. The residential units consist of 4x2bdrm units, and 2x1bdrm (up-lift potential to convert to 2bdrm). Current income is $83,334 with multiple additional income stream opportunities. An ideal set-up for investors looking for a mixed portfolio addition, or entrepreneurs and business owners looking to establish themselves in the community. Whether it's a boutique, cafe, or professional office space, the possibilities are endless. The dual-purpose nature of this property opens the door to a range of possibilities. Investors can capitalize on the income potential of both the commercial and residential spaces, storage opportunities, and making it an ideal choice for those looking to diversify their portfolio. New roof was completed 2023. (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
73 x 157 ft
Listing Contract Date
2024-03-11
Location Description
Hwy 2 to First St to Main St
Ownership Type
Freehold
Property Type
Office
Transaction Type
For sale
Zoning Description
C2
Building
Basement Type
Crawl space
Stories Total
2
Size (Exterior)
6000
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Land
Total Size
under 1/2 acre
Access Type
Road access
Sewer
Municipal sewage system
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