$499,000
Last price change Feb 13
5301 Nauvoo Road, Warwick, ON N0M 2S0
Property Description
Property type
Store W Apt/Office
Lot size
N/A
Style
Approx. Area
2800 Sqft
About 5301 Nauvoo Road
New low asking price of $499,00.00 for a quick sale by a motivated seller. A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 8%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged. **EXTRAS** Plenty of parking at the rear or on the street and across the street in the public lot. In an effort not to disturb the tenants, please view the interior pictures provided, taken after renovations , with this listing.
Home Overview
Last updated
Mar 28
Virtual tour
None
Basement information
Building size
2800
Status
In-Active
Property sub type
Store W Apt/Office
Maintenance fee
$N/A
Year built
2024
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Nauvoo Road

Book a Showing
Tour this home with Angela
I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.