DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The plumbing & electrical have been completely updated for peace of mind. The property has a potential annual revenue of $132,000 at current market rates. Tenant parking is gated with fob access. Vacant possession is avail. (id:31697)
| MLS® Number | 40594977 |
| Property Type | Multi-family |
| AmenitiesNearBy | Park, Schools, Shopping |
| CommunityFeatures | High Traffic Area |
| Features | Southern Exposure, Laundry- Coin Operated |
| ParkingSpaceTotal | 8 |
| Structure | Shed |
| BathroomTotal | 5 |
| BedroomsTotal | 8 |
| Appliances | Window Coverings |
| BasementType | None |
| ConstructedDate | 1910 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Metal |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 5409 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Park, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 167 Ft |
| SizeFrontage | 50 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Cg |
https://www.realtor.ca/real-estate/26952267/30-queen-street-w-elmvale
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
