126 GARAFRAXA Street, West Grey, ON N0G 1R0

West Grey N0G 1R0 Ontario

MLS: X12638586

$389,000

Added 15 days ago | For Sale

Listed by: LUXE HOME TOWN REALTY INC.

About Property

Commercial mixed use-unit Centrally Located In The Town Of Durham, West Grey. 2 commercial unit At Ground floor And 2 Residential Uses On The Second Floor. Amazing opportunity for commercial & mixed use investors, with approx. 10% of cap rate (potential to maximize), Rental Income coming Approx $5000.00Features approximately 600 sq. ft. and 240 sq. ft. store fronts. 2nd floor 3 bedroom apartment approx.1000 sq. ft. and 1 bedroom 400 sqft. Walk out basement is finished and generating Income. R.O.W. road access behind building. Property and building selling 'As Is'. Heat approximately $142 per month and hydro approximately $146 per month. Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow...New Metal Roof, Boiler Heat. Upstairs $1600, Main floor $1200, Basement $1000, Side retail $700, Storage $800 (Potential income )Utilities: $700/Month

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 30 X 165
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Garafraxa st./Lambton St.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $5307.01
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12638586

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