Sale
42 days on website
Free account required
$2,200,000
Other
30 Queen Street W
Elmvale, SP73 - Elmvale L0L 1P0
No obligation, free tour cancelation.
Beds · 8
Baths · 5.00
Sqft · 5409.00
Description
DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substan...tial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The property has a potential annual revenue of $132,000 at current market rates. What's more, vacant possession is available, allowing flexible management options. Explore this remarkable investment opportunity!, Directions:Yonge St S/Queen St W, Exclusions:Tenant's Personal Belongings
General
Type
Other
Style
-
Year Built
1910
Square Footage
5409.00 sqft
Taxes
-
Maintenance Fee
-
Interior Features
Other
Exterior Features
Controlled Entry, Private Entrance
Lot Features
Rectangular, City Lot, High Traffic Area, Park, Schools, Shopping Nearby
Est. mortgage
$8,346/mo
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Diane Beauchesne
Team Beauchesne
Email: diane@teamBremax.com
Phone: (705) 734-5589
Listing courtesy of:
Re/Max Hallmark Peggy Hill Group Realty Brokerage