48 SIMCOE ST N

Oshawa, Ontario

48 SIMCOE ST N, Oshawa, Ontario, L1G4S1
Property TypeRetail Building Area5000 square feet

Such A Versatile Investment Opportunity; Commercial and Residential Apartments!! Currently Generating Just Over 63K on 2nd Level Boasting Less than 5% Annual Vacancy. Owner Occupies the Main Level and Is Willing to Lease-Back for an Additional 12mths, or Vacate with Adequate Notice. Use for your Own Business or Lease It Out at Market Retail Rates with Residential Apartments Upstairs- So Many Options for the Savvy Investor. Heating= Electric baseboard on Lower Level and Gas Forced Air Upstairs.**** EXTRAS **** 2nd Level Income ~$63K. Projected Main Lvl Income= $38K. 2022 Bldg Expenses= $20,015. Projected Income= ~$81K. Apt 1&3- 2 Bdrm, Apt 2- 1 Bdrm. Main Lvl Occupied by Owner. Separate Gas/Hydro Meters, 400 Amp Svc for Building. (id:46866)


Details
Amenities NearbyPublic Transit Parking Spaces2
TransactionFor sale
Building
CoolingPartially air conditioned Size Interior5000 sqft
TypeResidential Commercial Mix Utility WaterMunicipal water
Land
AmenitiesPublic Transit Size Irregular25 x 120.11 FT

Listing Office: KELLER WILLIAMS ENERGY REAL ESTATE

Data Provided by Durham Region Association of REALTORS®

Last Modified :10/08/2023 03:29:19 PM

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