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MLS® ID: 242884

22433 ADELAIDE ROAD

Mount Brydges, Ontario, N0L1W0

$369,900 Active
  • 4 Baths
  • - SQFT
Incredible investment opportunity. 2 buildings plus a lot sold together. Fantastic cap rate. Check this out! Main building offers retail storefront. Currently lease as Antique Store ($750 inc.). 3 bedroom apartment on main level leased for $1,020 inc. Two 1 bedroom apartments on the second level leased at $625 and $650 each inc. Attached garage currently rented out for $50/month. Separate carriage house at the rear of the property has a 4-car garage rented for $200/month which can be converted into another unit in the future. Upstairs in the carriage house is another 2 bedroom apartment rented for $900 plus. Current income is $4,175 per month ($50,000 per year). New furnace and AC in main building in 2016. Sewer charges paid out. Owner would prefer to sell property with vacant adjacent lot (658 King St - listed separately for $99,900 MLS#242887). (id:18098)
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Listing courtesy of LONDON LIVING REAL ESTATE LTD., BROKERAGE

Amenities

  • Postal
    N0L1W0
  • Full baths
    4
  • Property type
    Retail
  • Sewer
    Municipal sewage system
  • Heating
    Forced air
  • Agent name
    MIKE PACHUCKI
  • Price Range
    $300k-$400k
  • Full Baths Range
    4+ Baths
  • Total Baths
    4
  • Brokerage
    LONDON LIVING REAL ESTATE LTD., BROKERAGE
  • Office ID
    47221
  • Agent ID
    1593301

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