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$ 1,399,000
Est. payment | /mo
4,200 SqFt
$ 1,399,000
Est. payment | /mo
4,200 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $333
Subdivision Coldwater
MLS Listing ID S12252008
Annual Tax Amount $3,589
Tax Year 2024
Property Sub-Type Investment
Property Description
Welcome to 12 Harriet St, Coldwater with 4 of the 5 units are nicely renovated (check the photos), this solid and well updated former school in Coldwater, Ontario is just over 4000 sq feet. The building has a newer roof, mostly newer windows, all separate hydro meters ( one for each of the units and a 6th for the common areas of the building. Nicely landscaped and has a large parking lot. Updated front and back entrances to the building. There is also a newer coin laundry pair in the building that generate over $2500/annually. Newer furnace (gas) and two new 60 gallon hot water tanks. The stunning upstairs renovated apartment shows what the building has to offer ( pressed tin 13 foot ceilings). Brand new salient fact report available, calculations proving a 5.5% CAP rate. Large upside when last remaining unit can be renovated to take the rent from $680/month to $2500/month. This building has be thoughtfully renovated and meticulously maintained. Solid tenant base, and no building problems!!
Location
Province ON
County Simcoe
Community Coldwater
Area Simcoe
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 132.0
Lot Depth 132.0
Listed by CENTURY 21 B.J. ROTH REALTY LTD.
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