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.