Norfolk - Waterford
Listed For $1,500,000
Get Pre-approvedExpired
Solid Commercial/Residential Building Located In Waterford's Downtown Business Core Offers Ex. Visual Exposure Incs Hi-Volume Of Daily Traffic. 20 Min/Brantford & 403-90 Mins/Gta. The Building Was Reconstructed In 1979/80 (From Basement Up)As A Result Of Tornado Damage. Incs 5776Sf + Full Basement W/Rear Access. Main Lvl-Comm. Unit-$1800 P/Mnth (All Inclusive). Rear Main Lvl-Owner Occupied Res. Unit-$1500 P/Mnth Projected Income (Space For Poss. 2 Units). 4 Upper Lvl Res. Units (Tenants Pay Utilities) All Units Inc 4 Aqua-Therm Furnaces, Hydro/Gas Meters. Unit#1-2 Bedrm/$1200 P/Mnth, Unit#2-2Bedrm/715 P/Mnth, Unit#3-2 Bedrm/$850 P/Mnth, Unit#4-1 Bedrm/$785 P/Mnth. Cap Rate-3.5/Projected Cap Rate-4.7. Extras- New Roof' 18, Rear Parking For 5 Cars, Street Parking, 4 N/G Water Heaters'18.
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