Well maintained Investment Property with a Commercial Space and 2 Apartments in downtown Tweed is a must see. The main level commercial space is currently tenant occupied as a Thrift Store with ample storage and a 3 piece bathroom with approximately 670sqft. The upgraded 3 bedroom Unit is tenant occupied with approximately 1100sqft on the upper floor features an open concept kitchen with island. Dining area with bright windows, 4 Piece bathroom and in-suite laundry. Rear 1 bedroom apartment is tenant occupied with kitchen, living room and 3 piece bathroom with approximately 480sqft. Roof is approximately 13 years old and all flooring, kitchens, furnace approximately 2019. Total rental income $3800/month. Cap rate for the property is 8.58% AMAZING given the market. 1 Hydro and Gas meter for the building. 3 Parking spaces available. Great high traffic location close to all amenities and only 30 minutes to the HWY 401. 24hrs notice required for all showings for all units. 24hour irrevocable on all offers. |
Price | $449,900 |
Taxes: | $2723.56 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 308 VICTORIA St North , Tweed, K0K 3J0, Ontario |
Postal Code: | K0K 3J0 |
Province/State: | Ontario |
Legal Description: | Pt. Lt. 89, Pl 12 Tweed, as in QR599434, |
Lot Size: | 33.30 x 133.00 (Feet) |
Directions/Cross Streets: | Highway 37 and Spring St W. |
Category: | Store With Apt/Office |
Building Percentage: | Y |
Total Area: | 2355.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 1585 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 665 |
Retail Area Code: | Sq Ft |
Area Influences: | Major Highway Rec Centre |
Business/Building Name: | The Thrift Store |
Financial Statement: | N |
Chattels: | N |
Franchise: | N |
LLBO: | N |
Sprinklers: | N |
Washrooms: | 3 |
Outside Storage: | N |
Crane: | N |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | N |
Elevator Lift: | None |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SOLID ROCK REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Store W/Apt/Office |
Area: | Hastings |
Municipality: | Tweed |
Lot Size: | 33.30 x 133.00(Feet) |
Tax: | $2,723.56 |
Baths: | 3 |