46 Argyle Street N, Caledonia
46 Argyle Street N, Caledonia
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- Bathrooms: 4
- Living area: 2420 square feet
- MLS®: h4184123
- Type: Commercial
- Added: 24 hours ago
- Type: Commercial
- Listed by: Point2
Property Details
Attention Investors! Rare opportunity to own this immaculately maintained, three-story commercial/residential building situated in the heart of Caledonia's thriving downtown shopping district. The main level showcases an impressive 800+ square feet of commercial/retail space. 2nd level - you'll find an oversized 700+ square feet of living space residential unit. 3RD LEVEL - 1 bedroom residential unit & 3RD LEVEL/ATTIC - 1 bedroom bachelor apartment. All units are currently occupied by A++ Tenants, generating $55,920 annual gross rent. Many upgrades throughout the years include; AC System 2023, Metal Roof 2011,\r\nElectrical copper & breakers, and plumbing systems. Serviced by 3 separate hydro meters, 1 gas meter, 1 water/sewage meter. This property offers an excellent opportunity to invest in one of Ontario’s most rapidly growing towns and generating a positive cash flow. Fully rented units offer reliable income now with the opportunity to raise residential rents when/if the apartments become available to market prices. Contact LB for income/expense information.
Features
- Other: Inclusions: Appliances in apartments, Freestanding
- Cooling: AC: Yes
- Heating: Gas Forced Air Open
- Lot Features: Urban
- Extra Features: Area Features: Major Highway, Rec./Commun.Centre
- Sewer/Water Systems: Sewers: Sanitary
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