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$1,280,000
Available - For Sale
Listing ID: X12311242
Outstanding Investment Opportunity! This 2-storey mixed-use building is ideally located just steps from downtown Marmora. Featuring a commercial storefront on the main floor and 7 fully tenanted residential rental units, this property offers a stable and diverse income stream. The residential units include 2 one-bedroom, 4 two-bedroom, and 1 three-bedroom apartments. With excellent corner exposure and consistent tenancy, this property delivers a strong cap rate and a gross annual rental income of over $124,410 (as per seller). A prime addition to any real estate portfolio.
Price $1,280,000
Taxes: $4,047.9
Tax Type: Annual
Occupancy by: Tenant
Address: 1 Forsyth Stre , Marmora and Lake, K0K 2M0, Hastings
Postal Code: K0K 2M0
Province/State: Hastings
Legal Description: Plan 83 Pt Lot 4 And Plan 264 Pt Madoc S
Directions/Cross Streets: Forsyth St Just North Of Hwy 7
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 4,033
Total Area Code:  Square Feet
Retail Area Code: %
Area Influences: Major Highway  
Maintenance: 0
Sprinklers: No
Heat Type: Other
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CYPRO REALTY INC.

1 Forsyth Stre , Marmora and Lake, K0K 2M0, Hastings


 
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At a Glance:
Type: Com - Commercial Retail
Area: Hastings
Municipality: Marmora and Lake
Neighbourhood: Marmora Ward
Style:
Lot Size: x 137.14(Feet)
Approximate Age:
Tax: $4,047.9
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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