32 King St E

King St E, Rural Cavan Monaghan, Cavan Monaghan, ON, L0A 1G0

Beds

Baths

$1,499,900

List Price

32 King St E, Cavan Monaghan, ON - 3 of 3

New

2 days on market

Quick Summary

Mixed-use building with rental and commercial units
4 large residential units and 2 thriving commercial units
Occupied units with majority at market rents
Tenants properly vetted and take pride in property
$300K spent on renovations and upgrades
Tenants pay their own heat/hydro for favorable costs

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:54626)

Property Details

Size

Sq. Ft. Not Available

8 Beds

8 Above Grade

7 Baths

7 Full

Parking

5 Parking Spaces

Detached Garage

Lot

Size

443′12″ * 1163′12″

Acres

Build

Year Built

Model Name

Basement

Exterior

Brick

Foundation

Stone

Builder Name

Stories

Flooring

Roof

Heating & Cooling

Heating

Baseboard heaters

Cooling

Central air conditioning

Utilities

Water

Municipal water

Sewer

Sanitary sewer

SHOW LESS

Source

Listing Brokerage

MLS® Listing

X9369567

Brokerage

ROYAL HERITAGE REALTY LTD.

MLS® Listing

X9369567

Last Updated

September 26, 2024

Brokerage

ROYAL HERITAGE REALTY LTD.

Call us 800-591-0566

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