$2,599,000 $13,952 est/mo Sourced by Back At You

33-39 King St E,Cramahe, ON K0K 1S0

Cramahe ON, K0K 1S0

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Description

Historic Red Brick Apartment Buildings in quaint Colborne. Imagine this investment in a growing town 130 kms from Toronto! Own a big chunk of the Main Street in this growing Downtown close to Lake Ontario and on the King's Highway. Mixed-Use Income Units: 9 Residential & 3 Commercial facing picturesque Downtown Main Street. Well-updated & proudly commanding a 75 ft generous 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 paid for and maintained by the town! Cool Tin ceiling & wood banister & heritage details add character in some areas of the buildings. Well-Updated & maintained units. These buildings are sited on a large lot w/ so much parking in back. Full basement houses mechanicals, 10 yrs new furnace for Laundromat business & sep. meters + lots of storage. Well-tenanted. Commercial Tenants just renewed leases. On-site Property Manager! 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! Fire retrofit/update in process. Income & Expense Sheet available.

Details

MLS#X7401576
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Days On Site134
Listing Provided ByCENTURY 21 ALL-PRO REALTY (1993) LTD. | Not Provided

Features

Bath(s)12
ZoningVC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 34 minutes ago
ProvinceON
CountyCramahe
CityCramahe
Postal CodeK0K 1S0
AreaNorthumberland
Community NameColborne
Listing VS Median (in Colborne)
Price:
$2,599,000
low | high
Med:
$0
On Site:
134
low | high
Med:
Sourced by Back At You
Listing Updated: May 22, 2024 at 4:54:55 PM PDT