5301 Nauvoo Rd, Warwick MLS Number: X8481726
Watford, Warwick, Lambton, ON, M0M 2S0$560,000
Status: OFF MARKET
- Property Type: Commercial (Store W/Apt/Office)
- Property Taxes : $928.00 (Tax Year:2024)
- Listing Courtesy : Shanahan Realty Inc.
Maximum 4 project can be compared at one go.
$560,000
Status: OFF MARKET
A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 7.3%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged.
Property Type | :Commercial |
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MLS Number | :X8481726 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :26 Jun, 2024 (175 Days ago) |
Source | :TRREB |
Area | :Lambton |
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Postal Code | : M0M 2S0 |
Price | : $560,000 |
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Property Taxes | :$928.00 |
Tax Year | :2024 |
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Cross Street | :Ontario St |
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11 Mar, 2024
TREB #X8133336
Available
$560000.0