An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $5000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1800/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 700 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2000/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies, rented @ $1366/mth w/ a market rent of $1600/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 25% down VTB 1st mortgage at 8%. (id:47423)
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Detailed Information
Lot
33 x 100 ft
Total Area
2,293 ft2
Listing Contract Date
2024-04-19
Management Company
SELF-MANAGED -
Municipal ID
042150259
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Retail
Transaction Type
For sale
Zoning Description
MD2 S72 Mixed-Use
Building
Constructed Date
1885
Land
Total Size
33 ft X 100 ft
Size of Irregular Land
33 ft X 100 ft
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