This mixed-use property in the heart of Strathroy presents an excellent investment opportunity. The building comprises five fully tenanted units: two street-facing retail spaces on the main level, a compact residential unit at the rear, and two spacious residential apartments on the upper level.The property features a private rear yard and parking for up to four vehicles, enhancing its appeal for tenants. With long-term, reliable tenants in place who are eager to stay, this property provides immediate income stability.For the forward-thinking investor, theres potential to enhance the property and increase rental income over time. This is a chance to secure a versatile, income-generating property in a growing community. |
Price | $899,000 |
Taxes: | $3046.59 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 79 Front St West , Strathroy-Caradoc, N7G 1X6, Ontario |
Postal Code: | N7G 1X6 |
Province/State: | Ontario |
Legal Description: | PT LT 7, N OF FRONT ST, 34PL307 (34PL186 |
Lot Size: | 33.00 x 157.00 (Feet) |
Directions/Cross Streets: | Thomas & Front St |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | N |
Total Area: | 2800.00 |
Total Area Code: | Sq Ft |
Retail Area: | 1200 |
Retail Area Code: | Sq Ft |
Approximatly Age: | 100+ |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX CENTRE CITY REALTY INC. |
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Type: | Com - Investment |
Area: | Middlesex |
Municipality: | Strathroy-Caradoc |
Neighbourhood: | NW |
Lot Size: | 33.00 x 157.00(Feet) |
Approximate Age: | 100+ |
Tax: | $3,046.59 |