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Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $24,812
Days Active 72
Approx. Age 1890
MLS® Number 6642470

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This historic 8-unit brownstone in St. Paul’s Summit-University features 7-2 bedroom, and 1-1 bedroom units, each with 10ft+ ceilings, hardwood floors, natural woodwork, split entrances, and original wood details like built-in buffets, beams, cabinets and woodwork. Perfect for the work-from-home investor with separated living/work areas and balconies. Units are spacious and the extra space is commonly used as a 3rd bedroom or office. A sought-after & walkable location near dining and shops, off-street parking creates strong rental demand. Spacious storage in the basement with a partially finished bathroom and coin-operated laundry machines owned by the seller. Investors hedge their risk against utility inflation with tenants having separate meters for Gas & electricity. Tenants pay their own heat and new owners could implement "RUBs" to charge back for water, sewer & trash. Rents are below market and 7/8 tenants are currently MTM giving investors the flexibility to implement their own leases & procedures upon acquisition.Show Description
MLS® Number6642470
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1890
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBoiler
A/CNone
Heating Fuel

Extras

Building, Land, Leases

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