Address
7 CENTRE STREET Spencerville, ON
Price
$ 699,900
Property Attributes
  • ID#1232943
  • TypeMulti-Family
  • CitySpencerville
  • NeighbourhoodSpencerville
  • Postal CodeK0E 1X0
  • Style
  • Price$ 699,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
ROYAL LEPAGE TEAM REALTY
Data Source:
Canadian Real Estate Association
Property Description

2 side by side income buildings: 7 Centre St & 16-18 Spencer St to be sold together for a total of 6 residential apartments and 1 commercial unit with adjoining parking spaces. 16-18 Spencer St: 2 storey Triplex with 1-3 bedroom on 2 floors and 2-2 bedroom units; 1 on ground flr and 1 unit on 2nd floor. Triplex total square footage approx 3348sqft (as per MPAC), with a yearly rental income of $25,800 7 Centre St: 2 Storey Fourplex with 2-3 bedroom 2 storey units, 1-2nd floor bachelor unit and 1 commercial (Laundry mat) on main floor. Fourplex total square footage approx 3193sqft (as per MPAC), with a yearly rental income of $37,564. Tenants pay their own utilities in all units. The 2 properties are on separate lots with paved parking spaces: 6 spaces between the buildings + 1 extra space on south side of 16 Spencer St. GREAT INVESTMENT properties with gross income of $63,364, well-maintained buildings, rarely a vacancy. Proof of financial pre-approval required before showings. (id:7434)

General Features

Building Cooling Type None
Foundation Type Stone
More Information Link https://www.realtor.ca/real-estate/22987254/7-centre-street-spencerville-spencerville
Neighbourhood Spencerville
Property Type Multi-family
Zoning Description MCR

Interior Features

Building Fireplace Present False
Building Heating Fuel Electric, Propane
Building Heating Type Baseboard heaters, Forced air

Exterior Features

Exterior Finish Siding, Vinyl
Parking Space Total 7
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in K0E 1X0

Price
AVG $700K
$700K
Visits
AVG 15
14