$389,000
Est. payment /mo
2,200 SqFt
New
126 Garafraxa Street N Durham, ON N0G 1R0
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Key Details
Property Type Commercial
Sub Type Mixed,Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $176
MLS Listing ID 40794183
Abv Grd Liv Area 2,200
Annual Tax Amount $5,307
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Mixed,Building Only
Source Cornerstone
Property Description
Commercial mixed use-unit Centrally Located In The Town Of Durham, West Grey. 2 commercial unit At Ground floor And 2 Residential Uses On The Second Floor. Amazing opportunity for commercial & mixed use investors, with approx. 10% of cap rate (potential to maximize), Rental Income coming Approx $5000.00Features approximately 600 sq. ft. and 240 sq. ft. store fronts. 2nd floor 3 bedroom apartment approx.1000 sq. ft. and 1 bedroom 400 sqft. Walk out basement is finished and generating Income. R.O.W. road access behind building. Property and building selling 'As Is'. Heat approximately $142 per month and hydro approximately $146 per month. Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow...New Metal Roof, Boiler Heat.
Upstairs $1600
Main floor $1200
Basement $1000
Side retail $700
Storage $800 (Potential income )
Utilities: $700/Month
Upstairs $1600
Main floor $1200
Basement $1000
Side retail $700
Storage $800 (Potential income )
Utilities: $700/Month
Location
Province ON
County Grey
Area West Grey
Zoning C1H
Direction Garafraxa st./Lambton St.
Rooms
Basement Full
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 30.0
Lot Depth 165.0
Garage No
Building
Lot Description Other
Faces Garafraxa st./Lambton St.
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 373180382
Ownership Freehold/None
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