marie st

Browse photos, facts and stats for real estate listings near 22 Marie Street, South River.

Canada

Ontario

South River

22 Marie St

22 Marie Street, Inactive in South River - Zoocasa

Welcome to a turnkey investment opportunity in south river. This exceptional multi-residential building boasts six fully tenanted units, each equipped with its own dedicated hydro meter. Recently renovated within the last two and a half years, these units offer modern comfort and style, providing tenants with a fresh and inviting living space. From updated fixtures to contemporary finishes, these renovations cater to the modern lifestyle while preserving the building's character. A testament to its commitment to quality, the property has seen significant upgrades, including the replacement of the septic system with a multi-unit high flow septic in 2022. What sets this property apart is its unique feature – a space formerly utilized as the town library. This versatile area presents an exciting opportunity for imaginative and innovative usage, limited only by one's creativity. Whether it's a communal space, or an opportunity for entrepreneurial ventures, this space adds an extra layer of potential to the property. The turnkey nature of this investment promises immediate and hassle-free ownership, offering a seamless transition for prospective investors seeking a well-maintained, income-generating property. With a strong rental history and a convenient location, this property embodies promise and potential for the discerning investor. Embrace the opportunity to own a meticulously cared-for property with a solid rental history and the potential to unlock further value. (id:15898)

Great Investment Opportunity In The Heart Of South River With Great Corner Lot Exposure From Highway 124. Operate Your Own Business And Have Living Quarters Or Have 6 Rental Incomes. 2 Commercial Units On The Main Floor, One 2-Bedroom On Main Floor And Three 2-Bedroom Apartments On The 2nd Floor. Apartments Rent For $500-$600/Month Plus Tenants Pay Heat/Hydro. Tenants Are All In Good-Standing And Would All Like To Stay. Some Have Been There 30+ And 10+ Years. 2019 Numbers Were Over $54,000 In Rental Income And Netting Approximately $40,000 After Expenses. As Of November 2020, The 2 Commercial Units On The Main Floor Were Combined To Form The Guardian Pharmacy Which Has Moved Out But Was Generating $27,600 Income. 1800 Sq. Ft. Space In The Former Library Downstairs - Could Be Converted To Apartments Or Rent As Retail Space. Men/Women Washrooms Adjacent To Former Library. All Units Have Separate Hydro Meters. Owner Pays Water, Heat/Hydro For Common Areas And Library Area. Don'T Miss Your Chance To Own This Multi-Unit Commercial Property With Great Income! (Id:15898)

22 Marie Street

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