48 Simcoe Street North, Oshawa
Home for Sale

$1,050,000
List Price
N/A
Square Feet
5 bed
4 bath

MLS#: E6715782

About this Listing

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.

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.

Broker: Keller Williams Energy Real Estate

Listing Details

$9,933
Taxes

25x120.11
Lot Size

None
Basement

Rooms

No room data available.

Book a showing with us!

Travis
Learie
Natasha
Share Listing