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MLS® X11912047

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage None
Taxes $928
Days Active 622
Lot Size 
Approx. Age 
MLS® Number X11912047

Property Address: 5301 Nauvoo Rd, Warwick, ON, N0M2S0

Average square foot calculated using Size range provided by listing agent.

Description

New low asking price of $499, 00.00 for a quick sale by a motivated seller. A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 8%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged. **EXTRAS** Plenty of parking at the rear or on the street and across the street in the public lot. In an effort not to disturb the tenants, please view the interior pictures provided, taken after renovations , with this listing.Show Description
MLS® NumberX11912047
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatBaseboard
A/CYes

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

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Today, For Sale for $499,000

For Sale · 622 days

$499,000

MLS® X11912047

2 years ago

Not Sold Yet

February 2025, Expired for $560,000

Expired · 571 days

$560,000

MLS® X8284832

2 years ago

Not Sold Yet

January 2025, For Sale for $499,000

For Sale · 622 days

$499,000

MLS® X11912047

2 years ago

Not Sold Yet

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