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Marmora And Lake,ON K0K 2M0
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,033 sqft
Price per Sqft $317
Subdivision Marmora Ward
MLS Listing ID X12311242
Annual Tax Amount $4,047
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Outstanding Investment Opportunity! This 2-storey mixed-use building is ideally located just steps from downtown Marmora. Featuring a commercial storefront on the main floor and 7 fully tenanted residential rental units, this property offers a stable and diverse income stream. The residential units include 2 one-bedroom, 4 two-bedroom, and 1 three-bedroom apartments. With excellent corner exposure and consistent tenancy, this property delivers a strong cap rate and a gross annual rental income of over $124,410 (as per seller). A prime addition to any real estate portfolio.
Location
Province ON
County Hastings
Community Marmora Ward
Area Hastings
Interior
Heating Yes
Cooling No
Exterior
Community Features Major Highway
Utilities Available Available
Lot Frontage 29.42
Lot Depth 137.14
Others
Security Features No