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33-39 King Street E

King St E, Cramahe, ON, K0K 1S0

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Beds
-
Baths
0
Sq. Ft.
$2,435,000
List Price
Details
Photos
12
Comparables
History
33-39 King Street E, Cramahe, ON - 1 of 3
33-39 King Street E, Cramahe, ON - 2 of 3
33-39 King Street E, Cramahe, ON - 3 of 3
New
29 days on market

Quick Summary

  • Exceptional investment opportunity in prime location
  • Mixed-use property with 9 residential and 3 commercial units
  • Fully operational, cash-generating Laundromat business
  • Zoned for diverse usage options with separate utilities
  • Ample owned and municipal parking available
  • Known as one of the nicest multi-residential buildings
  • History of natural tenant turnover every 2-4 years
  • Opportunity to separate and sell Laundromat business

Exceptional investment opportunity in a prime downtown location! This nearly 10,000 sq ft mixed-use property features 9 residential and 3 commercial units, with 7 units currently tenanted. The two vacant residential units are being renovated for increased rental potential. Includes a fully operational, cash-generating Laundromat the only... Show More

Exceptional investment opportunity in a prime downtown location! This nearly 10,000 sq ft mixed-use property features 9 residential and 3 commercial units, with 7 units currently tenanted. The two vacant residential units are being renovated for increased rental potential. Includes a fully operational, cash-generating Laundromat the only one in town owned by the seller. Zoned Village Commercial (VC), this property offers diverse usage options, with separate electrical panels for each unit. Ample owned and municipal parking available. Known as one of the nicest multi-residential buildings in town, it has a history of natural tenant turnover every 2-4 years, keeping rents competitive. Don't miss out on this rare opportunity! **** EXTRAS **** An excellent opportunity to separate the laundromat and sell that business. Further utility separation could explode your NOI and offer a huge bump in valuation. (id:54626)

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Property Details

Size

0 sq. ft.
0 Beds
0 Baths

Lot

Size
900′0″ * 2003′12″
Acres
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Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
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Source

Listing Brokerage

MLS® Listing
X9265679
Last Updated
September 4, 2024
Brokerage
RE/MAX JAZZ INC.
Powered by: REALTOR.ca
Call us 800-591-0566

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