Excellent Investment opportunity on this well maintained 2 storey building. Two Commercial stores with leases, 3 Apartments include 2- 2bedroom and Bachelor style. Lots of updates with modern kitchens, flooring, bathroom and freshly painted. Front and rear Entrance and parking available at rear. The lot is 30.42 feet frontage with 148.50 depth in a great location Unit #1 - 1 Bedroom Updated, Potential Rent 1100- per month -includes fridge & stove - hydro 687.07 Unit #2 - Bachelor Apartment, Updated, Potential Rent 800-900 per month - vacant includes fridge and stove - hydro 1,455.49 (includes common area upstairs) Unit #3 - Tenant occupied 2 Bedrooms - Great for Owner occupied $750 per month includes fridge and stove - heat 994.62, hydro 1,083.10 Lower Unit #1 - Office Space Lease renewed Jan 24/24 12,600 renovated ($818.23 hydro and heat included) Lower Unit #2 - Office Space Lease renewed Jan 24/24 17,764 plus hst ($1604.43 hydro & heat included) Commercial Gas (1 Furnace $1,314.20) Snow Removal $700.00 Water & sewers $630.05. Renews yearly depending on Government Commercial Unit with heat, hydro & snow removal included (id:38027)
MLS® Number | 40661577 |
Property Type | Multi-family |
Amenities Near By | Golf Nearby, Hospital, Park, Place Of Worship, Playground, Schools |
Parking Space Total | 3 |
Bathroom Total | 3 |
Bedrooms Total | 1 |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick Veneer |
Foundation Type | Stone |
Heating Fuel | Electric, Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 2385 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Golf Nearby, Hospital, Park, Place Of Worship, Playground, Schools |
Sewer | Municipal Sewage System |
Size Depth | 148 Ft |
Size Frontage | 30 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C4 |
https://www.realtor.ca/real-estate/27532762/85-87-main-street-seaforth
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