46 ARGYLE Street N Active Save Request In-Person Tour Request Virtual Tour
Caledonia,ON N3W2G6
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,420 sqft
Price per Sqft $317
Subdivision 630 - Caledonia North West
MLS Listing ID 40704222
Style 3 Level
Property Sub-Type Freehold
Property Description
Attention Investors! Rare opportunity to own this immaculately maintained, three-story commercial/residential building situated in the heart of Caledonia's thriving downtown shopping district. The main level showcases an impressive 800+ square feet of commercial/retail space. 2nd level - you'll find an oversized 700+ square feet of living space residential unit. 3rd level - 1 bedroom residential unit & 3rd level/Attic - 1 bedroom bachelor apartment. All units are currently occupied by A++ Tenants, generating $58,000 annual gross rent. Many upgrades throughout the years include AC system 2023, Metal Roof 2011, Electrical Copper & breakers and plumbing systems. Serviced by 3 separate hydro meters, 1 gas meter, 1 water/sewage meter. This property offers an excellent opportunity to invest in one of Ontario's most rapidly growing towns and generating positive cash flow. Fully rented units offer reliable income now with the opportunity to raise residential rents when/if the apartments become available to market prices. Contact LB for income/expense information. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Building
Story 3
Sewer Municipal sewage system