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 |
| Amenities Near By | Park, Schools, Shopping |
| Community Features | High Traffic Area |
| Features | Southern Exposure, Laundry- Coin Operated |
| Parking Space Total | 8 |
| Structure | Shed |
| Bathroom Total | 5 |
| Bedrooms Total | 8 |
| Appliances | Window Coverings |
| Basement Type | None |
| Constructed Date | 1910 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Metal |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 5,409 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Park, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 167 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Cg |
https://www.realtor.ca/real-estate/26952267/30-queen-street-w-elmvale
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