Coldwell Banker


LOADING

32 King Street E Cavan Monaghan, Ontario L0A 1G0

8 Bedroom 7 Bathroom
Central Air Conditioning Baseboard Heaters

$1,399,900

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:59697)

Property Details

MLS® Number X9369567
Property Type Multi-family
Community Name Millbrook
Features Lane
ParkingSpaceTotal 5

Building

BathroomTotal 7
BedroomsAboveGround 8
BedroomsTotal 8
Amenities Separate Electricity Meters
Appliances Water Heater, Water Meter
BasementType Crawl Space
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Electric
HeatingType Baseboard Heaters
Type Other
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 97 Ft
SizeFrontage 37 Ft
SizeIrregular 37 X 97 Ft
SizeTotalText 37 X 97 Ft
ZoningDescription Cmu1

https://www.realtor.ca/real-estate/27471930/32-king-street-e-cavan-monaghan-millbrook-millbrook

Interested?

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Gregory Carlo Ret
Salesperson


Royal Heritage Realty Ltd.
501 Brock Street South
Whitby, Ontario L1N 4K8

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