Jennifer Burgess

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32 KING STREET E, Cavan-Monaghan, Ontario

$1,399,900

8 Beds
7 Baths

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:23309)

Listing ID: X9369567
Property Type: Multi-family

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Details

Features: Lane
Parking Spaces: 5
Transaction: For sale
Zoning Description: CMU1

Building

Amenities: Separate Electricity Meters
Appliances: Water Heater, Water meter
BasementType: Crawl space
Bedrooms Main Level: 8
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 7
Heating: Baseboard heaters
Heating Fuel: Electric
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 37 ft
Size Irregular: 37 x 97 FT

Listing provided by ROYAL HERITAGE REALTY LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 32 KING STREET E in Cavan-Monaghan Ontario. It was last modified on September 26th, 2024. Contact Jennifer Burgess to schedule a viewing or to discover other Cavan-Monaghan real estate for sale.

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