1 & 3 Mcgill Street, Marmora and Lake, Ontario K0K 2M0

Listed for:
$735,000
0 beds
0 baths
Listed 109 days ago
Residential Commercial Mix for rent: 1 & 3 Mcgill Street, Marmora and Lake, Ontario K0K 2M0

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Listing provided by:
KELLER WILLIAMS ENERGY REAL ESTATE
MLS® number:
X6692078
Agent:
Christopher Robert Gullins
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About

Attention Investors! Two 2 Story Buildings Near Downtown Marmora, Multi-Use With A Store & A Laundromat\nOn Main Floor And 6 Two Bedroom Apartments. Apts Are Rented For $1450, $1062.60, $910.80, $910.80,\n$995.00 And Potential of $1350 (currently vacant)/Month Respectively. Extra Income From\nLaundromat-yearly average income $8,500.00. Storefront rented for $600 plus utilities. Laundromat Run\nBy Seller. (id:27476)

Property Highlights

Type
Residential Commercial Mix
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Calling all investors! There are two 2-story buildings in close proximity to downtown Marmora that offer a multitude of uses. The main floor of these buildings houses a store and a laundromat, while the upper levels are home to 6 two-bedroom apartments. The apartments are currently rented out for varying amounts, ranging from $910.80 to $1450 per month, with one unit currently vacant but with the potential to bring in $1350/month. Additionally, the laundromat generates an average yearly income of $8,500, and the storefront is rented for $600 plus utilities. It's worth noting that the laundromat is currently operated by the seller.

This property is currently on the market and boasts a land size of 66 x 132 FT. It is situated on 1 & 3 McGill St. in the city of Marmora and Lake, Ontario, with the postal code K0K2M0. The property is classified as a Residential Commercial Mix, offering a unique blend of potential for both residential and commercial use.