32 KING STREET E Cavan-Monaghan

32 KING STREET E, Cavan-Monaghan , Ontario

$1,499,900

  • 8 Beds
  • 7 Baths

Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable. (id:56762)

  • Listing ID: X9369567
  • Property Type: Multi-family

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Details

  • Features: Lane
  • Parking Spaces: 5
  • Transaction: For sale
  • Zoning Description: CMU1

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Water Heater, Water meter
  • BasementType: Crawl space
  • Bedrooms Main Level: 8
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 7
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Type: Other
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 37 ft
  • Size Irregular: 37 x 97 FT
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 32 KING STREET E in Cavan-Monaghan Ontario. It was last modified on September 26th, 2024. Contact Sandra Diab to schedule a viewing or to discover other Cavan-Monaghan real estate for sale.

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