This commercial and residential building offers many possibilities. Second floor has a large 4 bedroom apartment approximately 1700 sq. ft. of living space. Was rented for $1,000 per month plus heat and lights. Main level has 2 1/2 baths and many offices. Building is in very good condition & offers a large basement area for storage. Has a paved parking lot for 6 cars. The property is directly across from the Lancaster Plaza on the corner of Manawagonish Road & Main Street. Property has great income potential. Estimated expenses are: Taxes - $7,892, Insurance - $1,140, Electric - $3,200, Water/Sewerage (metered) $1,102, Snow Removal - $300. Total possible expenses before debit: $13,650. Possible income: $33,600. Possible net before debit: $20,000 approximate. (1925979)
Across from the Lancaster Plaza on Manawagonish Rd. & Main Street.
Property Type
Multi-family
Building Type
Multi-Family
Land Size
4305 SQ FT|under 1 acre
Annual Property Taxes
$7,739 (CAD)
Time on REALTOR.ca
3683 days
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