22 MARIE Street , South River , Ontario , P0A 1X0
Listing ID :40047413
$475,000.00
22 MARIE Street , South River , Ontario , P0A 1X0
| Property Type Other |
Building Type NA |
| Storeys 2 |
Title Freehold |
| Land Size under 1/2 acre |
Parking Type NA |
| Year Built NA |
Description
Great investment opportunity in the heart of South River with great corner lot exposure from Highway 124. Operate your own business and have living quarters or have 6 rental incomes. 2 commercial units on the main floor, one 2-bedroom on main floor and three 2-bedroom apartments on the 2nd floor. Apartments rent for $500-$600/month plus tenants pay heat/hydro. Tenants are all in good-standing and would all like to stay. Some have been there 30+ and 10+ years. 2019 numbers were over $54,000 in rental income and netting approximately $40,000 after expenses. As of November 2020, the 2 commercial units on the main floor were combined to form the Guardian Pharmacy which has moved out but was generating $27,600 income. 1800 sq. ft. space in the former library downstairs - could be converted to apartments or rent as retail space. Men/women washrooms adjacent to former library. All units have separate hydro meters. Owner pays water, heat/hydro for common areas and library area. Don't miss your chance to own this multi-unit commercial property with great income! (id:38336)
Details
| AccessType Road access, Highway access |
Appliances NA |
| Features Corner Site, Visual exposure, Paved driveway |
Parking Type NA |
| Rental Equipment NA |
Structure NA |
| Waterfront NA |
WaterFrontName NA |
Building
| Bathrooms (Partial) NA |
Bathrooms (Total) NA |
Bedrooms - Above Grade NA |
| Bedrooms - Below Grade NA |
Exterior Finish Brick |
Fireplace Type NA |
| Floor Space NA |
Flooring NA |
Foundation Type NA |
| Heating Fuel NA |
Heating Type Baseboard heaters |
Rental Equipment NA |
| Style NA |
Utility Sewer Septic System |
Water Municipal water |
Land
| Landscape Features NA |
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA’s Data Distribution Facility (DDF®)
Data Provider
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS ®
Listing Office
Keller Williams Experience Realty Brokerage
DDF® Listing ID
40047413
Listing Updated
Wed, 16 Dec 2020 19:53:28 GMT
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