Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable. (id:4069)
Address |
32 KING STREET E |
List Price |
$1,399,900 |
Property Type |
Retail |
Type of Dwelling |
Residential Commercial Mix |
Area |
Ontario |
Sub-Area |
Cavan Monaghan (millbrook) |
Floor Area |
3,589 Sq. Ft. |
Lot Size |
37 x 97 FT Sq. Ft. |
MLS® Number |
X9369566 |
Listing Brokerage |
ROYAL HERITAGE REALTY LTD.
|
Postal Code |
L0A1G0 |
Zoning |
CMU1 |