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$ 2,435,000
Est. payment /mo
Active
33-39 King ST E Cramahe, ON K0K 1S0
UPDATED:
08/23/2024 02:04 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9265679
Annual Tax Amount $16,311
Tax Year 2023
Property Description
Exceptional investment opportunity in a prime downtown location! This nearly 10,000 sq ft mixed-use property features 9 residential and 3 commercial units, with 7 units currently tenanted. The two vacant residential units are being renovated for increased rental potential. Includes a fully operational, cash-generating Laundromat the only one in town owned by the seller. Zoned Village Commercial (VC), this property offers diverse usage options, with separate electrical panels for each unit. Ample owned and municipal parking available. Known as one of the nicest multi-residential buildings in town, it has a history of natural tenant turnover every 2-4 years, keeping rents competitive. Don't miss out on this rare opportunity!
Location
Province ON
County Northumberland
Community Colborne
Area Northumberland
Region Colborne
City Region Colborne
Interior
Cooling No
Exterior
Utilities Available Yes
Listed by RE/MAX JAZZ INC.
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