2420 sqft
Air Conditioned
Forced Air
$789,000
Attention Investors! Rare opportunity to own this immaculately 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. 2nd level - you'll find an oversized 700+ square feet of living space residential unit. 3RD LEVEL - 1 bedroom residential unit & 3RD LEVEL/ATTIC - 1 bedroom bachelor apartment. All units are currently occupied by A++ Tenants, generating $55,920 annual gross rent. Many upgrades throughout the years include; AC System 2023, Metal Roof 2011, Electrical copper & breakers, and plumbing systems. Serviced 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 now with the opportunity to raise residential rents when/if the apartments become available to market prices. Contact LB for income/expense information. (id:31697)
Property Details
MLS® Number
|
H4187900 |
Property Type
|
Retail |
Parking Space Total
|
3 |
Building
Cooling Type
|
Air Conditioned |
Heating Type
|
Forced Air |
Size Exterior
|
2420 Sqft |
Size Interior
|
2420 Sqft |
Type
|
Commercial Mix |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Depth
|
66 Ft |
Size Frontage
|
21 Ft |
Size Irregular
|
21 X 66 |
Size Total Text
|
21 X 66|under 1/2 Acre |
https://www.realtor.ca/real-estate/26626971/46-argyle-street-n-caledonia