An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $3000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1950/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 730 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2300/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies. Apt #1 rented @ $1600/mth & Apt #2 and #3 at $1366/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 20% down VTB 1st mortgage at 7% (id:4069)
Address
232 ST PATRICK STREET
List Price
$1,799,900
Property Type
Multi-family
Type of Dwelling
Multi-Family
Area
Ontario
Sub-Area
Ottawa
Lot Size
Unit=33 x 100 FT ; 0 Sq. Ft.
MLS® Number
X10419114
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Postal Code
K1N5K3
Zoning
MD2 S72 Mixed-Use
