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$ 898,000
Est. payment | /mo
9 Beds
7,454 SqFt
$ 898,000
Est. payment | /mo
9 Beds
7,454 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,454 sqft
Price per Sqft $120
Subdivision Minto
MLS® Listing ID X12271097
Bedrooms 9
Source OnePoint Association of REALTORS®
Property Description
Prime Mixed-Use Investment Opportunity in Thriving Harriston. Robust income-generating property at the main intersection in a community experiencing significant growth. This exceptional commercial real estate offering presents a diversified portfolio with seven distinct revenue streams, making it an ideal acquisition for savvy investors or owner-operators. $150,000+ in recent upgrades underscore the quality and value of this investment. The property currently features five fully rented residential units, with tenants in good standing, ensuring immediate and consistent rental income of over $90,000 annually. Employee and tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. Complementing these is a 550 sq ft commercial space, ready for your business or a new tenant. Further diversifying your income, the property benefits from ongoing revenue generated by advertising signage on the building. Additionally, the basement offers significant potential for extra storage space and tenant laundry facility. With the potential to generate $100,000+ in annual income, this property is a strategic acquisition in a high-traffic location. Don't miss out on this unique chance to capitalize on a truly diversified and high-potential investment. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Others
Virtual Tour https://www.youtube.com/watch?v=ptoLNy14UO8
Listed by Wilfred McIntee & Co Limited