Severn, ON L0K 1E0,12 Harriet ST
Severn, ON L0K 1E0,12 Harriet ST
Severn, ON L0K 1E0,12 Harriet ST
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$1,399,000
Est. payment /mo
4,200 SqFt
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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $333

Subdivision Coldwater

MLS Listing ID S12252008

Annual Tax Amount $3,589

Tax Year 2024

Property Sub-Type Investment

Property Description

Welcome to 12 Harriet St, Coldwater with 4 of the 5 units are nicely renovated (check the photos), this solid and well updated former school in Coldwater, Ontario is just over 4000 sq feet. The building has a newer roof, mostly newer windows, all separate hydro meters ( one for each of the units and a 6th for the common areas of the building. Nicely landscaped and has a large parking lot. Updated front and back entrances to the building. There is also a newer coin laundry pair in the building that generate over $2500/annually. Newer furnace (gas) and two new 60 gallon hot water tanks. The stunning upstairs renovated apartment shows what the building has to offer ( pressed tin 13 foot ceilings). Brand new salient fact report available, calculations proving a 5.5% CAP rate. Large upside when last remaining unit can be renovated to take the rent from $680/month to $2500/month. This building has be thoughtfully renovated and meticulously maintained. Solid tenant base, and no building problems!!

Location

Province ON

County Simcoe

Community Coldwater

Area Simcoe

Zoning Multi Residential

Interior

Cooling Partial

Inclusions Contact Listing Agent

Exterior

Parking Features None

Utilities Available Available

Building

Lot Description Building


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Lited by CENTURY 21 B.J. ROTH REALTY LTD.
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