32 King Street
Cavan Monaghan, L0A 1G0
FOR SALE
$1,250,000
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Store W Apt/Office
CATEGORY3,589 Sq Ft
TOTAL AREAX12069244
MLSIDContact Us
Property Description
50K Price Reduction. 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.
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Property Details
Address
32 King Street
Community
City
Postal Code
L0A 1G0
Property Type
Store W Apt/Office, Store W Apt/Office
Days On Market
77
Use
Store With Apt/Office
Zoning
CMU1
Lot Size
37' x 97'
Total Area
3,589 Sq Ft
Retail Area
2,512 Sq Ft
Taxes
$4,712 (2024
Heat Type
Baseboard
Water
Municipal
Garage Type
Lane
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Listing contracted with Royal Heritage Realty Ltd.
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