Ball Real Estate Inc
Jayne Porter

Jayne Porter

Sales Representative
Cell: 416-435-2005
Office: 705-660-2255
MLS®: X9265679 Status: For sale

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$2,435,000
Location:

33-39 King Street E, Cramahe (colborne) Ontario, K0K1S0

33-39 King Street E, Cramahe (colborne) Ontario
Description:
Exceptional investment opportunity in a prime downtown location! This nearly 10,000 sq ft mixed-use property features 9 residential and 3 commercial units, with 7 units currently tenanted. The two vacant residential units are being renovated for increased rental potential. Includes a fully operational, cash-generating Laundromat the only one in town owned by the seller. Zoned Village Commercial (VC), this property offers diverse usage options, with separate electrical panels for each unit. Ample owned and municipal parking available. Known as one of the nicest multi-residential buildings in town, it has a history of natural tenant turnover every 2-4 years, keeping rents competitive. Don't miss out on this rare opportunity! **** EXTRAS **** An excellent opportunity to separate the laundromat and sell that business. Further utility separation could explode your NOI and offer a huge bump in valuation. (id:2471)
Property:
Type: Multi-family
Lot Dimensions: 75 x 167 FTAcreage: 75 x 167 FT
Water: Municipal water
Structure:
Style: Multi-FamilySquare Footage: 0.36 ac
Heating: Baseboard heaters
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33-39 King Street E, Cramahe (colborne) Ontario

BALL Real Estate Inc., Brokerage - Norwood

Jayne Porter
Sales Representative

Email Me

Telephone:
705-660-2255

Cellular:
416-435-2005


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