32 King Street East, Cavan Monaghan | Image 1

32 King Street East

Cavan Monaghan, Millbrook

  • 8 bed 7 bath
$1,499,900 est.*: $5,081/mo
For Sale

Added 3 weeks ago

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  • Type: Multiplex

  • Style: Other

  • Lot Size: 37 x 97 Feet

  • Age: No Data

  • Taxes: $4,712 per year

  • Days on Site: 1 Days

  • Added: Sep 26, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 5 hours ago

  • MLS®#: X9369567

  • Listed By: Royal heritage realty ltd.

Welcome to the heart of growing and flourishing downtown Millbrook. This mixed-use building is perfect for the discretionary investor looking to access the rental and commercial market in the area. The property boasts 4 large residential units, 2 thriving commercial units and 1 exterior garage (used as storage presently). All units are occupied with the majority at market rents. Each tenant has been properly vetted and takes pride in the property. The present owner has spent close to $300K on renovations and upgrades to the building. All tenants pay their own heat/hydro making the monthly costs favorable.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Area: Cavan Monaghan

  • Community: Millbrook

Inside

  • Bedrooms: 8

  • Bathrooms: 7

  • Kitchens: 5

  • Den/Family Room: No

  • Air Conditioning: Central Air

  • Fireplace: No

  • Washrooms: 7

Building

  • Basement: Crawl Space

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Brick

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Lane

  • Garage Spaces: 1

  • Garage Type: Detached

  • Covered Parking Spaces: 4

  • Total Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 10 N/S CONCESSION LINE AND W OF ROW PL MILLBROOK CAVAN; T/W R

  • Taxes: $4,712

Land

  • Cross Street: HWY 115 TO HWY 10 SO

  • Municipality District: Cavan Monaghan

  • Fronting On: North

  • Parcel Number: 280120428

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 97 Feet

  • Lot Frontage: 37 Feet

  • Zoning: CMU1

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Somewhat Walkable

  • Some errands can be accomplished on foot.
53 /100

Somewhat Bikeable

  • Most errands require a car.
33 /100
JK-6

North Hope Central Public School

Elementary: Public
10.99 km
JK-6

North Cavan Public School

Elementary: Public
7.83 km
JK-6

Kawartha Heights Public School

Elementary: Public
15.58 km
1-8

Rolling Hills Public School

Elementary: Public
10.38 km
JK-8

Millbrook/South Cavan Public School

Elementary: Public
0.54 km
JK-8

James Strath Public School

Elementary: Public
16.18 km
9-12

ÉSC Monseigneur-Jamot

Secondary: Catholic
17.01 km
9-12

Peterborough Collegiate and Vocational School

Secondary: Public
20.26 km
9-12

Kenner Collegiate and Vocational Institute

Secondary: Public
17.16 km
9-12

Holy Cross Catholic Secondary School

Secondary: Catholic
16.05 km
9-12

Crestwood Secondary School

Secondary: Public
15.99 km
9-12

St. Peter Catholic Secondary School

Secondary: Catholic
19.37 km
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