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26-28 Front St N Thorold, Ontario L2V 1X5

12 Bedroom 8 Bathroom
Window Air Conditioner Forced Air

$3,700,000

A A A Location, Multiplex W/8 Residential & 2 Commercial Units In The Heart Of Downtown Thorold Featuring Two Buildings & Extra Land To Build @ Your Convenience. 2 Commercial Units; Long Term Restaurant In Main Building & New Tenant In B Building + 8 Residential Units: 4-2Br Units; 3-1Br & 1Studio. Meticulously Taken Care Property With Extensive Renovations (Ask La For Financials And List Of Improvements) From Roof To Residential Units & Parking. Currently 8 Parking For Residential, 5 Parking Serving Restaurant & 4 Parking Serving Commercial Unit In B-Building (Back). Gross Income Appx.$131,051. Main Building Has 9 Wash: 3 Wash Restaurant & 6 Wash Res Units. Building B Has 4 Wash: 2 Wash In Com Unit & 2 Wash In Res. No Vacancies & Potential For Rent Increases. Stress Free Investment With Exercising The New Building Option On The Back Of 2nd Building. Thousands Spent On Plans & Applications Waiting Approvals.**** EXTRAS **** Rare Opportunity. The Seller Can Finance Half Of Purchasing Price @ 5.5% Far Less Than Bank Rates, Don't Miss This Opportunity Before Is Gone. Seller Can Keep Both Buildings & Work Future Rent Growth Or Build In Another Building. (id:48469)

Property Details

MLS® Number X5797967
Property Type Multi-family
Parking Space Total 17

Building

Bathroom Total 8
Bedrooms Above Ground 9
Bedrooms Below Ground 3
Bedrooms Total 12
Basement Development Unfinished
Basement Type N/a (unfinished)
Cooling Type Window Air Conditioner
Exterior Finish Stucco
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Other

Land

Acreage No
Size Irregular 67.06 X 253.3 Ft
Size Total Text 67.06 X 253.3 Ft

https://www.realtor.ca/real-estate/24980687/26-28-front-st-n-thorold

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