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85-87 Main Street Seaforth, ON N0K 1W0
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Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Multi-5 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,385 sqft
Price per Sqft $213
MLS Listing ID 40661577
Sold Date 10/30/24
Bedrooms 1
Abv Grd Liv Area 2,385
Originating Board Huron Perth
Annual Tax Amount $3,538
Property Description
Excellent Investment opportunity on this well maintained 2 storey building. Two Commercial stores with leases, 3 Apartments include 2- 2bedroom and Bachelor style. Lots of updates with modern kitchens, flooring, bathroom and freshly painted. Front and rear Entrance and parking available at rear. The lot is 30.42 feet frontage with 148.50 depth in a great location
Unit #1 - 1 Bedroom Updated, Potential Rent 1100- per month -includes fridge & stove - hydro 687.07
Unit #2 - Bachelor Apartment, Updated, Potential Rent 800-900 per month - vacant includes fridge and stove - hydro 1,455.49 (includes common area upstairs)
Unit #3 - Tenant occupied 2 Bedrooms - Great for Owner occupied $750 per month includes fridge and stove - heat 994.62, hydro 1,083.10
Lower Unit #1 - Office Space Lease renewed Jan 24/24 12,600 renovated ($818.23 hydro and heat included)
Lower Unit #2 - Office Space Lease renewed Jan 24/24 17,764 plus hst ($1604.43 hydro & heat included)
Commercial Gas (1 Furnace $1,314.20)
Snow Removal $700.00 Water & sewers $630.05. Renews yearly depending on Government
Commercial Unit with heat, hydro & snow removal included.
Location
Province ON
County Huron
Area Huron East
Zoning C4
Direction South of Main lights to 85-87 Main Street
Rooms
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features None
Heating Electric, Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Refrigerator, Stove
Laundry Other
Exterior
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 30.42
Lot Depth 148.5
Garage No
Building
Lot Description Ample Parking, Dog Park, City Lot, Near Golf Course, Hospital, Library, Park, Place of Worship, Playground Nearby, Schools, Trails
Faces South of Main lights to 85-87 Main Street
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick Veneer
New Construction No
Schools
Elementary Schools Seaforth Public/St. James Catholic
High Schools Chss/St. Anne'S Catholic
Others
Senior Community false
Tax ID 412910087
Ownership Freehold/None
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