48 Simcoe St N Oshawa, Ontario L1G 4S1
$1,050,000
Such A Versatile Investment Opportunity; Commercial and Residential Apartments!! Currently Generating Just Over 63K on 2nd Level Boasting Less than 5% Annual Vacancy. Owner Occupies the Main Level and Is Willing to Lease-Back for an Additional 12mths, or Vacate with Adequate Notice. Use for your Own Business or Lease It Out at Market Retail Rates with Residential Apartments Upstairs- So Many Options for the Savvy Investor. Heating= Electric baseboard on Lower Level and Gas Forced Air Upstairs.**** EXTRAS **** 2nd Level Income ~$63K. Projected Main Lvl Income= $38K. 2022 Bldg Expenses= $20,015. Projected Income= ~$81K. Apt 1&3- 2 Bdrm, Apt 2- 1 Bdrm. Main Lvl Occupied by Owner. Separate Gas/Hydro Meters, 400 Amp Svc for Building. (id:47515)
Property Details
| MLS® Number | E6715782 |
| Property Type | Retail |
| Community Name | O'Neill |
| Parking Space Total | 2 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 25 X 120.11 Ft |
| Size Total Text | 25 X 120.11 Ft |
https://www.realtor.ca/real-estate/25907161/48-simcoe-st-n-oshawa-oneill
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August 10 2023 08:29:19
Durham Region Association of REALTORS®
Keller Williams Energy Real Estate