32 KING STREET E

Multi-family For Sale in Cavan Monaghan (millbrook), Ontario

$1,499,900
Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable. (id:4069)
Address 32 KING STREET E
List Price $1,499,900
Property Type Multi-family
Type of Dwelling Other
Area Ontario
Sub-Area Cavan Monaghan (millbrook)
Bedrooms 8
Bathrooms 7
Lot Size 37 x 97 FT Sq. Ft.
MLS® Number X9369567
Listing Brokerage ROYAL HERITAGE REALTY LTD.
Basement Area Crawl space
Postal Code L0A1G0
Zoning CMU1
Features Lane
Amenities Separate Electricity Meters

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Wayne Barker

Street City Realty

519 York St London ON N6B 1R4

Mobile: 519 281 6890

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