Cramahe, ON K0K 1S0,33-39 King ST E
Cramahe, ON K0K 1S0,33-39 King ST E
Cramahe, ON K0K 1S0,33-39 King ST E
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$2,435,000
Est. payment /mo
Active

33-39 King ST E Cramahe, ON K0K 1S0

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UPDATED:

12/16/2024 09:11 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9265679

Annual Tax Amount $16,311

Tax Year 2023

Property Description

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!

Location

Province ON

County Northumberland

Community Colborne

Area Northumberland

Region Colborne

City Region Colborne

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Depth 167.0


Listed by RE/MAX JAZZ INC.

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Keyvan Foroughi

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+1(416) 702-9055

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33-39 King ST E