33-39 King St E Cramahe, Ontario K0K 1S0

12 Bathroom
Partially Air Conditioned


Brick Apartment Buildings. 12-Units total. A BIG 2024 Investment Opportunity. Mixed-Use Income Units: 9 Residential & 3 Commercial facing Quaint Downtown Main Street. Well-updated & proudly commanding a 75 ft swath of frontage in the bustling downtown & historic King Street E in Colborne, ON. Historic buildings have modern updates including large cement patio terrace in front w/ contemporary railings. Tin ceiling & wood banister & heritage details add character. Well-Updated & maintained sited on a large lot w/ so much parking. Full basement houses mechanicals, 10yrs new furnace & sep. meters + lots of storage. Well-tenanted (2 Res being re-rented.) BONUS! Sale includes solid income from the only Public Laundromat Business in the vicinity including all machines. Superintendent onsite in exchange for partial rent abatement. Separate Electrical Meters. Good Commercial tenants: Retail, Office. Excellent Turnkey Income generating! *Prof. Photos to Come* Fire retrofit/update in process. **** EXTRAS **** Furnace 10 years. Windows: 2016-2019. Common Area updated. Some Waterproofing/Repair to exterior '23. Cement Patio, Railings. Roof in good shape Steel w/Spray Foam. Sep Metres. Income & Expense Sheet available. (id:51737)


Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X7401576
Property Type Multi-family
Community Name Colborne
Amenities Near By Recreation
Parking Space Total 12


Bathroom Total 12
Cooling Type Partially Air Conditioned
Type Multi-family
Utility Water Municipal Water


Acreage No
Land Amenities Recreation
Size Irregular 75 X 167.22 Ft ; See Attachments
Size Total Text 75 X 167.22 Ft ; See Attachments



Contact us for more information

Generating Captcha

Your Favourites


No Favourites Found