32 King St E

For Sale
$1,350,000
32 King St E, Cavan Monaghan
Store With Apt/Office
CATEGORY
3,589 Sq Ft
TOTAL AREA
X11923759
MLSID
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Property Description
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.
Property Details
Category
Store With Apt/Office
Zoning
Cmu1
Total Area
3,589 Sq Ft
Retail Area
2,512 Sq Ft
Lot Size
37' x 97'
Taxes
$4,712 (2024)
Air Conditioning
Yes
Listing contracted with Royal Heritage Realty Ltd
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