Tremendous Opportunity! Multi-use property with 3 residential units with deck and 1 commercial/retail storefront. Total 5 bed, 5 bathrooms. Investors, would be great addition to your portfolio or owner occupy. All work completed professionally. Spacious open 2-bedroom top suite with deck sure to impress, redone in 2017. New back suite 1-bedroom addition in 2018, 2-bedroom suite renovated 2020. All new windows 2019. New patio roof 2019. Private backyard and ample parking. Minutes to the Marina, Little Beach, Downtown Shops, Eateries, Theatre, Harbour, and Main beach. With a CAP Rate at 8% percent, there aren't many comparable properties on the market. You won't be disappointed!
Off market
Price Unknown
230 Colborne St, Central Elgin, ON N5L 1C1
5beds
0baths
2,408sqft
Multi-4 Unit
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Appliances
- Laundry: Upper Level, Lower Level
Features
- Sump Pump, Water Heater Owned, In-law Capability, Upgraded Insulation, Separate Hydro Meters, Accessory Apartment
Interior area
- Total interior livable area: 2,408 sqft
Property
Lot
- Topography: Flat, Dry
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-4 Unit
Utilities & green energy
- Sewer: Sewer (Municipal)
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s), Alarm System
Location
- Region: Central Elgin
Other
Other facts
- Property Type: Residential Income
- Services: Cable, Cell Service, Electricity, Garbage/Sanitary Collection, High Speed Internet, Natural Gas, Recycling Pickup, Telephone, Street Lights, At Lot Line-Gas, At Lot Line-Hydro, At Lot Line-Municipal Water
- Sewer: Sewer (Municipal)
- Topography: Flat, Dry
- Features Area Influences: Shopping Nearby, Dog Park, Downtown, Library, Marina, Park, Playground Nearby, Rec./Community Centre, Schools, Landscaped, Trails, Beach, Golf, Arts Centre, Public Parking, Ample Parking, School Bus Route, High Traffic Area
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Alarm System
- Cooling: Central Air
- Heating: Gas, Forced Air
- Interior Features: Sump Pump, Water Heater Owned, In-law Capability, Upgraded Insulation, Separate Hydro Meters, Accessory Apartment
- Roof: Metal
- Property Sub Type: Multi-4 Unit
- Location: Urban
- Laundry Features: Upper Level, Lower Level
- View: Garden, Trees/Woods