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123 Garafraxa Street S Durham, Ontario N0G 1R0

5 Bedroom 2 Bathroom 3384
None Baseboard Heaters

$525,000

Over 3300 sq ft of income generating space in a central location. Retail Unit: 1580 sq ft on the ground floor. Two Upper Residential Units total 1804 sq ft. Apartment 1: eat-in kitchen, living room, 3 bedrooms, laundry, 4pc bathroom, 10' ceilings. Apartment 2: kitchen, dining room, living room, 3 bedrooms, laundry, 4pc bathroom, 8' ceilings. Apartments were nicely renovated in 2015/16. There is baseboard electric heat, and electric hot water tank (owned) per unit. All units have separate hydro meters and 100 amp breakers. Tenants pay own hydro per unit. All units are leased. The property is in a great location with excellent downtown foot traffic in the town of Durham, West Grey on Hwy 6. Convenient street side parking for customers of retail unit, and in Right of Way rear alley lane there are 4 private parking spots for tenants. Also in rear alley lane is attached garage, used primarily for storage, and some green space/yard for common area use. The building and attached garage have a durable steel roof. This property is a wonderful opportunity to invest in the growing town of Durham with a stable operating income. (id:47237)

Property Details

MLS® Number 40460668
Property Type Multi-family
Amenities Near By Beach, Hospital, Park, Place Of Worship, Playground, Schools, Shopping
Community Features High Traffic Area, Community Centre
Equipment Type None
Features Visual Exposure, Beach
Parking Space Total 5
Rental Equipment Type None

Building

Bathroom Total 2
Bedrooms Total 5
Basement Type None
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Aluminum Siding
Fire Protection Smoke Detectors
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 3384
Type Triplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Beach, Hospital, Park, Place Of Worship, Playground, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 201 Ft
Size Frontage 30 Ft
Size Irregular 0.135
Size Total 0.135 Ac|under 1/2 Acre
Size Total Text 0.135 Ac|under 1/2 Acre
Zoning Description C1

Utilities

Electricity Available
Telephone Available

https://www.realtor.ca/real-estate/25883100/123-garafraxa-street-s-durham

Glen G. Reay
Salesperson

(519) 369-4113
(519) 369-2274

Wilfred Mcintee & Co Ltd Brokerage (Dur)
105 Garafraxa Street N., Box 5
Durham, Ontario N0G 1R0

(519) 369-2128
(519) 369-2274
www.mcintee.ca

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