33-39 King St E Cramahe, Ontario K0K 1S0
$3,000,000
Brick 12-Plex Character Buildings bring your big 2024 Opportunity! Comprising Mixed-Use of 9 Residential Units & 3 Commercial units facing main street. Very well-upgraded & proudly commanding a 75 ft swath of frontage in the bustling downtown & historic Main Street of Colborne ON. Historic brick buildings have modern updates including large cement patio terrace in front w/ contemporary railings. Tin ceiling & wood banister & heritage details add character. Well-Upgraded units. Well- maintained buildings, sited on a huge lot w/ loads of parking in back. Full basement for the well-updated furnace & mechanicals & lots of storage. Almost fully tenanted (2 Res units just vacated.)Superintendent onsite gets $400 rebated rent. Separate Electrical Meters. Commercial tenants: Retail, Office. Laundromat owned by LL adds income. Solid Tenant history in Res units. Prof. Photos to Follow!**** EXTRAS **** Taxes 2023: $16,311.14 Insurance: $10,198 Heating: electric (separate meters) $6,984 Water (not separate metres) $8,095 Furnace 10 years old Windows: 2016-2019 Common area updated Some waterproofing/repair of exterior 2023. (id:44788)
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
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Durham Region Association of REALTORS®
Century 21 All-Pro Realty (1993) Ltd.
January 16 2024 04:18:58
