Multi Family

122 S 5TH Street
Out of Town No City Value T1J 2B2

$3,288,000
Multi-Family Commercial, Office

Main Photo: 122 S 5TH Street in No City Value: Out of Town Multi-Family Commercial for sale : MLS®# C8022656
Status:
Active
Prop. Type:
Multi-Family Commercial, Office
MLS® Num:
C8022656
Build. Type:
Low Rise (2-4 stories)
REVENUE INCOME ALERT! This RARE FANTASTIC 27+5 UNIT MULTI-USE MULTI-RESIDENCE REFURBISHED Building. CENTRALLY LOCATED to DOWNTOWN, SCHOOLS, SHOPPING + RIGHT ACROSS the STREET from the recently updated GALT GARDENS, you couldn’t ask for a better LOCATION! HUGE lot w/32 UNITS – 16,546 sq ft of DEVELOPED SPACE for tenant occupation; (5) commercial UNITS, (2) 2 bdrm suites, (6) 1 bdrm suites + (19) bachelor suites. Each unit has a 4 piece bath. FUNCTIONAL kitchen, living room, + the larger units have their own DINING ROOM, plus access to the COMMON LAUNDRY. ADDITIONALLY, a TOP FLOOR PENTHOUSE-TYPE suite w/in-suite LAUNDRY + OVERSIZED DOUBLE GARAGE is PERFECT for the OWNER/MANAGER. Current commercial tenants: Chiropractor office, Hair salon, Mexican restaurant, Coffee shop, Tattoo parlour. This is an OUTSTANDING INVESTMENT OPPORTUNITY + WILL NOT LAST.
Sale Type:
Asset
Property Type:
Multi-Family Commercial, Office
Construction:
Brick/Masonry, Concrete
Building Type:
Low Rise (2-4 stories), Mixed Use, Street-Level Storefront
# Units:
32
Year built:
1912 (Age: 107)
Total Floor Area:
0.52 acre(s)
Land Use/Zoning:
C-D
Taxes:
$30,009 / 2018
Storefront
HVAC:
Forced Air
Env Assmt Phase:
Phase/Stage 1
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
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Previous Price:
Original Price:
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Listed by G-Force Real Estate Inc.
Listing information last updated on December 19, 2018 at 08:06 PM (UTC)
Bruce Long CCIM, FRI