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
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