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33-39 KING ST E
Cramahe Ontario K0K1S0 Canada

$2,675,000

Active Listing ID X7401576
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12.00 Bath
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Multi-family

$2,675,000

Active Listing ID X7401576
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33-39 KING ST E Brick Apartment Buildings. 12-Units total. A BIG 2024 Investment Opportunity. Mixed-Use Income Units: 9 Residential & 3 Commercial facing Quaint Downtown Main Street. Well-updated & proudly commanding a 75 ft swath of frontage in the bustling downtown & historic King Street E in Colborne, ON. Historic buildings have modern updates including large cement patio terrace in front w/ contemporary railings. Tin ceiling & wood banister & heritage details add character. Well-Updated & maintained sited on a large lot w/ so much parking. Full basement houses mechanicals, 10yrs new furnace & sep. meters + lots of storage. Well-tenanted (2 Res being re-rented.) BONUS! Sale includes solid income from the only Public Laundromat Business in the vicinity including all machines. Superintendent onsite in exchange for partial rent abatement. Separate Electrical Meters. Good Commercial tenants: Retail, Office. Excellent Turnkey Income generating! *Prof. Photos to Come* Fire retrofit/update in process. **** EXTRAS **** Furnace 10 years. Windows: 2016-2019. Common Area updated. Some Waterproofing/Repair to exterior '23. Cement Patio, Railings. Roof in good shape Steel w/Spray Foam. Sep Metres. Income & Expense Sheet available. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Partially air conditioned
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/15/2024 2:55:48 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: DENISE EILEENLIBOIRON, Salesperson, CENTURY 21 ALL-PRO REALTY (1993) LTD.

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