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32 King Street E Cavan Monaghan (Millbrook), Ontario L0A 1G0

8 Bedroom 7 Bathroom
Central Air Conditioning Baseboard Heaters

$1,399,900

Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable. (id:48219)

Property Details

MLS® Number X9369567
Property Type Multi-family
Community Name Millbrook
Features Lane
Parking Space Total 5

Building

Bathroom Total 7
Bedrooms Above Ground 8
Bedrooms Total 8
Amenities Separate Electricity Meters
Appliances Water Heater, Water Meter
Basement Type Crawl Space
Cooling Type Central Air Conditioning
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Electric
Heating Type Baseboard Heaters
Type Other
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 97 Ft
Size Frontage 37 Ft
Size Irregular 37 X 97 Ft
Size Total Text 37 X 97 Ft
Zoning Description Cmu1

https://www.realtor.ca/real-estate/27471930/32-king-street-e-cavan-monaghan-millbrook-millbrook

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