46 ARGYLE Street N, Caledonia, Ontario N3W 1B8
$690,000.00
- 1 bathrooms
- 2,420 Square Feet
Attention Investors! Rare opportunity to own this well 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. 2 level-you'll find an oversized 700+square feet of living space residential unit. 3rd level - 1 bedroom residential unit and attic bachelor apartment. All units are currently occupied by A+ tenants, generating $57,000 annual gross rent. Many upgrades throughout the years include: AC system 2023, Metal Roof 2011, Electrical copper & breakers, and plumbing systems. Service by 3 separate ... read more
Attention Investors! Rare opportunity to own this well 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. 2 level-you'll find an oversized 700+square feet of living space residential unit. 3rd level - 1 bedroom residential unit and attic bachelor apartment. All units are currently occupied by A+ tenants, generating $57,000 annual gross rent. Many upgrades throughout the years include: AC system 2023, Metal Roof 2011, Electrical copper & breakers, and plumbing systems. Service 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 with the opportunity to raise residential rents when the apartments become available. (id:25417)
- Listing ID: 40817151
- Property Type: Multi-family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | None 1 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Triplex |
| HVAC: | Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Unfinished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Caledonia |
| Province: | Ontario |
| Nearby Amenities: | Airport, High Traffic Area and Schools |
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