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 $58,000 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 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:4069)
Address
46 ARGYLE Street N
List Price
$769,000
Property Type
Single Family
Type of Dwelling
Apartment
Style of Home
3 Level
Area
Ontario
Sub-Area
Caledonia
Floor Area
2,420 Sq. Ft.
MLS® Number
40704222
Listing Brokerage
Realty Network
Basement Area
Crawl space (Unfinished)
Postal Code
N3W2G6
Zoning
Commercial
Site Influences
Place of Worship, Schools
