4 Bedroom
4 Bathroom
3,500 - 5,000 sqft
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:63476)
Property Details
|
MLS® Number |
X13224016 |
|
Property Type |
Multi-family |
|
Community Name |
West Grey |
Building
|
Bathroom Total |
4 |
|
Bedrooms Above Ground |
4 |
|
Bedrooms Total |
4 |
|
Amenities |
Separate Electricity Meters |
|
Appliances |
Stove, Refrigerator |
|
Basement Development |
Unfinished |
|
Basement Type |
Full (unfinished) |
|
Cooling Type |
Central Air Conditioning |
|
Exterior Finish |
Brick |
|
Foundation Type |
Stone |
|
Half Bath Total |
1 |
|
Heating Fuel |
Electric, Natural Gas |
|
Heating Type |
Forced Air, Heat Pump, Radiant Heat |
|
Stories Total |
2 |
|
Size Interior |
3,500 - 5,000 Sqft |
|
Type |
Other |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
90 Ft |
|
Size Frontage |
24 Ft |
|
Size Irregular |
24 X 90 Ft |
|
Size Total Text |
24 X 90 Ft|under 1/2 Acre |
|
Zoning Description |
C1 |
Utilities
|
Cable |
Available |
|
Electricity |
Installed |
|
Sewer |
Installed |