33 39 King St E, Cramahe
33 39 King St E, Cramahe
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40 Photos
- Bathrooms: 12
- MLS®: x7401576
- Added: 104 days ago
Property Details
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.
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Property Information
- Cooling: Partially air conditioned
- List AOR: Central Lakes
- Photos Count: 40
- Water Source: Municipal water
- Business Type: Residential
- Parking Total: 12
- Structure Type: Multi-Family
- Street Dir Suffix: East
- Tax Annual Amount: 16311.14
- Lot Size Dimensions: 75 x 167.22 FT ; See Attachments
- 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:1945)
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