Description
An opportunity is knocking. Great location, fully newly renovated investment property in historical area in Newmarket. Contain of a two bedroom residential in second floor and four commercial unit facing the street on main floor. All the units have their own power meter and gas meter that the tenant pays utility by themselves not the owner, with the gross income of $377,742 HST included.This property is a unique property in the area with engine of money making must see. All the tenants are solid and good and they are on 3 to 5 years term lease also willing to stay. There is potential to add some floor on the top because the newly structure they put on property strong enough to allow that although with city permit.
Location Description
Davis Rd/Main St S
Property Details
- Community: Central Newmarket
- Property Type: Tenant/Commercial
- Garages: None
- Annual Property Taxes : $ 20000
Building Features
- Parking Type : None
Features
- Heating : Gas Forced Air Closed
- Sewer : Sanitary Available ,
Listing Contracted With: REMAX YOUR COMMUNITY REALTY
