FOR SALE iIS A UNIQUE OPPORTUNITY TO OWN A COMMERCIALLY ZONED BUILDING WITH AN EXCEPTION OF A RESIDENTIAL TRIPLEX . ALL UNITS ARE TENANTED AND COMES FULLY FURNISHED, PERFECT FOR INVESTMENT. ATTENTION INVESTORS, IF YOU'RE LOOKING FOR A TURN-KEY,FULLY RENTED TRIPLEX IN THE BEAUTIFUL TOWN OF PETROLIA. BUILDINGS LIKE THIS DON'T COME ONTO THE MARKET EVERY DAY. ALL FLOORS ARE CONCRETE AS THE BUILDING WAS BUILT AS A COMMERCIAL BUILDING. IT OFFERS 3 UNITS. UNIT 1 HAS 3 BEDROOMS, 1 BATHROOM & IS OPEN CONCEPT. UNIT 2 HAS 2 BEDROOMS & 1 BATHROOM & STORAGE. UNIT 3 HAS 1 BEDROOM, 1 BATHROOM & OPEN CONCEPT. UPPER & LOWER LEVELS HAVE INDIVIDUAL HEATING, AIR CONDITIONING & HYDRO SYSTEMS, & ARE METERED SEPARATELY. ROOF, FURNACE & CENTRAL AIR HAVE ALL BEEN UPDATED. THIS BUILDING MAKES $4200/MO. COIN-OPERATED WASHER & DRYER. |
Price | $699,000 |
Taxes: | $4216.06 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 425 Wingfield St , Petrolia, N0N 1R0, Ontario |
Postal Code: | N0N 1R0 |
Province/State: | Ontario |
Lot Size: | 100.00 x 58.76 (Feet) |
Directions/Cross Streets: | Walnut St |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 6200.00 |
Total Area Code: | Sq Ft |
Retail Area: | 0 |
Retail Area Code: | Sq Ft |
Approximatly Age: | 31-50 |
Taxes Expense: | $4216 |
Insurance Expense: | $1850 |
Gross Income/Sales: | $49200 |
Net Income Before Debt: | $43134 |
Year Expenses: | 2023 |
Expenses Actual/Estimated: | $Act |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
GATE GOLD REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Lambton |
Municipality: | Petrolia |
Neighbourhood: | Petrolia |
Lot Size: | 100.00 x 58.76(Feet) |
Approximate Age: | 31-50 |
Tax: | $4,216.06 |