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$XXX,XXX
Status: OFF MARKET
INVESTMENT Res/Comm Live Work Condo downtown in Prime Location! A RARE CHANCE TO GET INTO OWNERSHIP. Vendor FINANCE Available with good downpayment. Terms TBD. Perfect Live/Work Space &/or Income Property. Downtown Commercial & Residential Mixed-use Condo with tons of upgrades & stylish interior. 2 Units on 1 Level 2 Parking Spaces. Front Unit Commercial Storefront with Exposed Brick & Big Storefront Windows facing Main Street in Boutique Downtown. Just tenanted for 3 year term. 2050 SqFt Former Spa/Salon & Retail, 5 Treatment Rms or Offices. Reception & Merchandise Area, 2Bath, Steam Shower, 3 entrances. New shop installing leasehold improvements: The Whispering Oak opening in June! Residential Condo is adjacent on main floor beside commercial unit with entrance in back. Beautiful flooring, large Primary BR w/ Huge walkin Closet & Large Ensuite w/ tiling, Sep Shower & Bath This 1495 Sq Ft 2Br +Den 2Bath w/ South Facing Patio is Rented at $2700/Mo. The Res Tenant is on 2nd year term Month-to-Month lease paying $2700/m +Heat & Hydro. (LL pays Res Taxes, Res Condo fee only) Condo fee includes: Bldg Insur., Water, Common Elements, Reserve fund. FULLY TENANTED - Tenant Pays $73,756.92 Expenses $36,748.51/YR Net Income $37,008.41/YR * Income/Expenses details available* Investment Opportunity with Financing Available from Vendor.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X7370540 |
| Listing Type | :Sale |
| Property Age | :16-30 years |
| Possession Date | : |
| Last Updated | :21 May, 2024 (170 Days ago) |
| Source | :TRREB |
| Area | :Northumberland |
|---|---|
| Postal Code | :
K9A 2M4
|
| Price | : $799,000 |
|---|---|
| Property Taxes | :$10603.00 |
| Tax Year | :2023 |
|---|
| Cross Street | :Third And King St W |
|---|
| Fireplace/Stove | :No |
|---|
06 Apr, 2024
TREB #X7370540
Available
$799000.0
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| Unit | Area | Price | |
|---|---|---|---|
| Unit - 501 | 900-999 Sq. Ft. | $449000.0 |
View Details
|
| Unit - 301 | 500-599 Sq. Ft. | $388000.0 |
View Details
|
