26-28 Front St N Thorold, Ontario L2V 1X5
$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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October 18 2022 10:41:16
Toronto Real Estate Board
Right At Home Realty