Central Air Conditioning
Forced Air, Heat Pump, Radiant Heat
$489,000
Prime Corner location - high visibility at Highway 6 and Grey Road 4 in Durham. Attractive façade has been updated with timber accents and sleek black finishes. Main level commercial space is bright, features high ceilings and is home to Studio L.G Aesthetics. There are 3 residential apartments on the 2nd level, all in good condition and home to excellent tenants. There is potential for an additional street-level commercial space with a separate access off Grey Road 4 (Lambton Street). Natural gas hot water boiler, heat pump, updated windows and hot water tanks, 5 separate hydro meters. There is a full basement for additional storage. Building is in great condition and is a good opportunity for a new or seasoned investor with approximately 7% cap rate. Financials and additional information available. (id:8282)
Property Details
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MLS® Number
|
X13224016 |
|
Property Type
|
Multi-family |
|
Community Name
|
West Grey |
Building
|
BathroomTotal
|
4 |
|
BedroomsAboveGround
|
4 |
|
BedroomsTotal
|
4 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Stove, Refrigerator |
|
BasementDevelopment
|
Unfinished |
|
BasementType
|
Full (unfinished) |
|
CoolingType
|
Central Air Conditioning |
|
ExteriorFinish
|
Brick |
|
FoundationType
|
Stone |
|
HalfBathTotal
|
1 |
|
HeatingFuel
|
Electric, Natural Gas |
|
HeatingType
|
Forced Air, Heat Pump, Radiant Heat |
|
StoriesTotal
|
2 |
|
SizeInterior
|
3500 - 5000 Sqft |
|
Type
|
Other |
|
UtilityWater
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
SizeDepth
|
90 Ft |
|
SizeFrontage
|
24 Ft |
|
SizeIrregular
|
24 X 90 Ft |
|
SizeTotalText
|
24 X 90 Ft|under 1/2 Acre |
|
ZoningDescription
|
C1 |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |