Presenting a unique opportunity to own a diversified business and residential property, featuring a garage/shop, chip stand, and two rental units, all available for purchase at a single price. This investment has the potential to generate significant revenue. The front unit, consisting of three bedrooms, generates $1,800 per month, while the rear unit, with two bedrooms, yields $1,500 per month. The owner is responsible for utility costs, including Hydro ($3,100/year), propane for the front unit ($2,300/year), and propane for the rear unit ($1,800/year). Recent upgrades include a new propane furnace in the front unit, a propane fireplace in the rear unit, a new water softener system, on-demand hot water, a replaced back deck, and new flooring in the rear unit. The shop boasts two bay doors with removable floating walls and radiant ceiling heat. The chip stand includes a water sprinkler system for fire prevention and a hoist. All other equipment and assets are excluded from this sale. An environmental report is available. Call Today !!
MLS# | X10426813 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 125 |
Listing Provided By | RE/MAX AFFILIATES MARQUIS LTD. | X10426813 480500 |
Bed(s) | 5 |
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Bath(s) | 3 |
Basement | Y |
Province | ON |
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Region | Stormont, Dundas and Glengarry |
City | South Stormont |
Postal Code | K0C 1R0 |
Area | 715 South Stormont (Osnabruck) Twp |
Listing VS Median (In K0C 1R0) | |
Price: $699,000 low | high Med: $0 On site: 125 low | high Med: |