234 Main Street W Palmerston, Ontario N0G 2P0
$699,900
Excellent investment opportunity for sale in Palmerston. 100% rented in prime downtown location with 1 commercial unit plus 3 residential units. Main floor commercial office space approximately 819 sq ft with lease in place until April 2023. Main floor residential unit 1103 sq ft 1 bedroom. Second floor residential unit 1035 sq ft 1 bedroom. Second floor residential unit 889 sq ft 1 bedroom. Good dry basement for storage. Several updates over the years including gas furnaces (2006 & 2010), new flooring, updated kitchen cabinets, fire code updates, door closers. 3 phase hydro service with seperate meters. 4 assigned parking spaces out back for residential tenants, street parking for commercial unit (id:47723)
Property Details
| MLS® Number | 40236467 |
| Property Type | Multi-family |
| Amenities Near By | Shopping |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Equipment Type | None |
| Features | Visual Exposure, Country Residential |
| Parking Space Total | 4 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1920 |
| Construction Style Attachment | Attached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 4364 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 90 Ft |
| Size Frontage | 26 Ft |
| Size Irregular | 0.057 |
| Size Total | 0.057 Ac|under 1/2 Acre |
| Size Total Text | 0.057 Ac|under 1/2 Acre |
| Zoning Description | C1 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24235808/234-main-street-w-palmerston
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May 20 2022 07:14:20
Kitchener-Waterloo Association of REALTORS®
Exp Realty