8 Beds 7 Bath

32 King Street, Cavan Monaghan, ON L0A 1G0

Cavan Monaghan L0A 1G0 Ontario

MLS: X12078984

$1,299,900

Added 14 days ago | For Sale

Listed by: ROYAL HERITAGE REALTY LTD.

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:7
  • Land Size: 37 X 97
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:HWY 115 TO HWY 10 SOUTH. TURN RIGHT (EAST) ON KING ST
  • Basement:Crawl Space , Crawl Space
  • Possession Date:flexible
  • Annual Property taxes: $4712
  • Bedrooms:8
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Baseboard
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12078984

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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