ATTENTION INVESTORS! Excellent opportunity in the Town of Teeswater. Well maintained, commercial-zoned [C1] building with 6 residential apartments and one commercial storefront - all fully rented with good tenant history. Two - one bedroom apartments and 4 - two bedroom apartments, the latter all with in-suite laundry. Updated flooring and bathrooms in most residential units. Apartments range in size from 700 - 1,000 square feet. Previous owner completed most plumbing and some wiring updates and a new membrane roof was installed in 2015. Brown brick building to north was built in 1949 and has a full height, poured concrete basement with lots of room for storage. Yellow brick building on south side has had the same commercial tenant for almost 35 years. Storefront has newer facade. Bonus parking area, provided on nearby lot for residential apartments, has second roll number, which is included as part of this sale. Property shows good return. Tenants pay own heat and hydro. (id:47238)
MLS® Number | 40288947 |
Property Type | Multi-family |
Amenities Near By | Park, Place Of Worship, Schools, Shopping |
Community Features | Community Centre, School Bus |
Equipment Type | None |
Features | Corner Site, Park/reserve |
Parking Space Total | 7 |
Rental Equipment Type | None |
Bathroom Total | 7 |
Bedrooms Total | 10 |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Cooling Type | None |
Exterior Finish | Brick |
Fire Protection | Smoke Detectors |
Fixture | Ceiling Fans |
Foundation Type | Poured Concrete |
Heating Fuel | Electric |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 6500 |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Park, Place Of Worship, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 52 Ft |
Size Frontage | 66 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C1 |
Cable | Available |
Electricity | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/24617689/2-clinton-street-n-teeswater
Contact us for more information
Charlene Randle-Clayton
Salesperson
(519) 396-3300