4 Elora St N

For Sale 59 Days
$898,000
9 beds
baths
7,454 Sqft

4 Elora St N

For Sale 59 Days
$898,000
9 beds
baths
7,454 Sqft

Highlights

Key insights

Description

Prime Mixed-Use Investment Opportunity in Thriving Harriston. Robust income-generating property at the main intersection in a community experiencing significant growth. This exceptional commercial real estate offering presents a diversified portfolio with seven distinct revenue streams, making it an ideal acquisition for savvy investors or owner-operators. $150,000+ in recent upgrades underscore the quality and value of this investment. The property currently features five fully rented residential units, with tenants in good standing, ensuring immediate and consistent rental income of over $90,000 annually. Employee and tenant parking is conveniently available at the rear of the building, with additional curbside parking along the south side street. Complementing these is a 550 sq ft commercial space, ready for your business or a new tenant. Further diversifying your income, the property benefits from ongoing revenue generated by advertising signage on the building. Additionally, the basement offers significant potential for extra storage space and tenant laundry facility. With the potential to generate $100,000+ in annual income, this property is a strategic acquisition in a high-traffic location. Don't miss out on this unique chance to capitalize on a truly diversified and high-potential investment. (id:55581)

DARREN MARTIN of Wilfred McIntee & Co Limited,
#X12271097
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Cooling
    Fully air conditioned
  • Heat type
    Other
Exterior
  • # parking spaces
    6
Interior
  • # of above grade bedrooms
    9
Location
  • Subdivision
    Minto
Overview
  • Lot size (acres)
    0.0
  • Building size
    7454
  • Listing #
    X12271097
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28576224/4-elora-street-n-minto-minto
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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