232 ST PATRICK Street, Lower Town - Sandy Hill | Image 1
$1,799,900
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: MD2 S72 Mixed-Us

  • Age: No Data

  • Taxes: 13402

  • MLS®#: X10419114

  • Days on Site: 10 Days

  • Added: Nov 06, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $3000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1950/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 730 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2300/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies. Apt #1 rented @ $1600/mth & Apt #2 and #3 at $1366/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 20% down VTB 1st mortgage at 7%

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 93462

  • Area: Lower Town - Sandy Hill

  • Community: 4001 - Lower Town/Byward Market

  • Availability Date: TBA

Inside

  • Air Conditioning: Central Air

Building

  • Heat Type: Water

  • Water Supply: Municipal

  • Amps: 400

Parking

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOT 15, PLAN 42482 AS IN N560302, S/S ST PATRICK ST, EXCEPT

  • Taxes: $13,402

  • Insurance Fee: 10064

  • Operating Fees: 45522

  • Water Fees: 3256

Land

  • Cross Street: North on Dalhousie &

  • Municipality District: Lower Town - Sandy Hill

  • Parcel Number: 042150259

  • Sewer: Sewers

  • Lot Depth: 100 Feet

  • Lot Frontage: 33 Feet

  • Zoning: MD2 S72 Mixed-Us

Additional Media

  • Virtual Tour: https://www.myvisuallistings.com/vt/346120

Commercial Specific

  • Survey: Y

  • Gross Income/Sales: 93462

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