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$ 649,000
Est. payment /mo
Price Dropped by $50K
15579 COUNTY ROAD 18 RD South Stormont, ON K0C 1R0
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision 715 - South Stormont (Osnabruck) Twp
MLS Listing ID X10426813
Style Unknown
Bedrooms 5
Annual Tax Amount $3,300
Tax Year 2024
Property Sub-Type Duplex
Property Description
Presenting a unique Commercial opportunity to own a diversified business and residential DUPLEX property, featuring a garage/shop, chip stand, and two rental units, all available for purchase at a single price. This investment has the potential to generate significant revenue. The front unit, consisting of three bedrooms, generates $1,800 per month, while the rear unit, with two bedrooms, yields $1,500 per month. The owner is responsible for utility costs, including Hydro ($3,100/year), propane for the front unit ($2,300/year), and propane for the rear unit ($1,800/year). Recent upgrades include a new propane furnace in the front unit, a propane fireplace in the rear unit, a new water softener system, on-demand hot water, a replaced back deck, and new flooring in the rear unit. The shop boasts two bay doors with removable floating walls, a hoist and radiant ceiling heat. The chip stand includes a water sprinkler system for fire prevention. All other equipment and assets are excluded from this sale. An environmental report is available. Call Today !!
Location
Province ON
County Stormont, Dundas And Glengarry
Community 715 - South Stormont (Osnabruck) Twp
Area Stormont, Dundas And Glengarry
Rooms
Family Room No
Basement Other, Unfinished
Kitchen 3
Interior
Interior Features Unknown
Cooling None
Fireplaces Type Propane
Fireplace Yes
Heat Source Propane
Exterior
Parking Features Unknown
Garage Spaces 2.0
Pool None
Roof Type Unknown
Lot Frontage 160.14
Lot Depth 153.56
Total Parking Spaces 15
Building
Story 2
Foundation Unknown
Others
Security Features Unknown
Listed by RE/MAX AFFILIATES MARQUIS LTD.