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
Multi-family
Type of Dwelling
Other
Area
Ontario
Sub-Area
Cavan Monaghan (millbrook)
Bedrooms
8
Bathrooms
7
Lot Size
37 x 97 FT Sq. Ft.
MLS® Number
X9369567
Listing Brokerage
ROYAL HERITAGE REALTY LTD.
Basement Area
Crawl space
Postal Code
L0A1G0
Zoning
CMU1
Features
Lane
Amenities
Separate Electricity Meters
