33-39 KING ST E

Cramahe, Ontario

33-39 KING ST E, Cramahe, Ontario, K0K1S0
Bathrooms12 Property TypeMulti-family

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:46866)

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Business TypeResidential Business Sub TypeApartments
Amenities NearbyRecreation Parking Spaces12
TransactionFor sale
CoolingPartially air conditioned Bathrooms (Total)12
TypeMulti-Family Utility WaterMunicipal water
AmenitiesRecreation Size Irregular75 x 167.22 FT ; See Attachments

Listing Office: CENTURY 21 ALL-PRO REALTY (1993) LTD.

Data Provided by Central Lakes Association of REALTORS®

Last Modified :15/04/2024 10:48:10 AM



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