33-39 King St E Cramahe, Ontario K0K 1S0
$2,675,000
Brick Apartment Buildings. 12-Units total. A BIG 2024 Investment Opportunity. Mixed-Use Income Units: 9 Residential & 3 Commercial facing Quaint Downtown Main Street. Well-updated & proudly commanding a 75 ft swath of frontage in the bustling downtown & historic King Street E in Colborne, ON. Historic buildings have modern updates including large cement patio terrace in front w/ contemporary railings. Tin ceiling & wood banister & heritage details add character. Well-Updated & maintained sited on a large lot w/ so much parking. Full basement houses mechanicals, 10yrs new furnace & sep. meters + lots of storage. Well-tenanted (2 Res being re-rented.) BONUS! Sale includes solid income from the only Public Laundromat Business in the vicinity including all machines. Superintendent onsite in exchange for partial rent abatement. Separate Electrical Meters. Good Commercial tenants: Retail, Office. Excellent Turnkey Income generating! *Prof. Photos to Come* Fire retrofit/update in process. **** EXTRAS **** Furnace 10 years. Windows: 2016-2019. Common Area updated. Some Waterproofing/Repair to exterior '23. Cement Patio, Railings. Roof in good shape Steel w/Spray Foam. Sep Metres. Income & Expense Sheet available. (id:48219)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | X7401576 |
| Property Type | Multi-family |
| Community Name | Colborne |
| Amenities Near By | Recreation |
| Parking Space Total | 12 |
Building
| Bathroom Total | 12 |
| Cooling Type | Partially Air Conditioned |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Recreation |
| Size Irregular | 75 X 167.22 Ft ; See Attachments |
| Size Total Text | 75 X 167.22 Ft ; See Attachments |
https://www.realtor.ca/real-estate/26418027/33-39-king-st-e-cramahe-colborne
Interested?
Contact us for more information
Roger Currier
Cell: 705-927-2774
Office: 705-743-7355 Ext.222
Email Roger
Office Address
999 Lansdowne Street W, Unit 2,
Peterborough, Ontario, K9J 8N2
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April 30 2024 03:10:27
Durham Region Association of REALTORS®
Century 21 All-Pro Realty (1993) Ltd.
