22 Main Street, Whitewater Region | Image 1

22 Main Street

Whitewater Region, 582 - Cobden

  • Commercial

$1,099,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: Multi Unit Resid

  • Age: No Data

  • Taxes: 4006.83

  • MLS®#: X11956656

  • Days on Site: 8 Days

  • Added: Feb 04, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

Quality, historic 6-unit brick building in Cobden, offering a rare blend of charm, convenience, and investment potential. Situated on a spacious lot with ample parking, this property boasts soaring 12-foot ceilings throughout.Located just off Highway 17 and along Cobdens main street, this building is steps away from local amenities and only minutes from the beautiful Muskrat Lakeperfect for outdoor enthusiasts and nature lovers.The property has undergone extensive renovations, including newly replaced brick on the east side, updated flashing on the tower, a freshly paved parking lot, and upgraded electrical in three of the units. With fantastic existing tenants and two recently vacated, newly renovated units, you have the opportunity to set your own rents and maximize returns.A fantastic opportunity to own an affordable, well-maintained multi-unit property in a growing community!

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 77893

  • Area: Whitewater Region

  • Community: 582 - Cobden

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LTS 55 & 56, PL 65 AS IN R424491 ; VILLAGE OF COBDEN

  • Taxes: $4,007

  • Expenses: Act

  • Insurance Fee: 4800

  • Heat Expenses: 3000

  • Taxes Type: Annual

  • Taxes: 4007

  • Water Fees: 12500

Land

  • Cross Street: HWY 417 to Cobden, l

  • Municipality District: Whitewater Region

  • Parcel Number: 572260036

  • Lot Depth: 132 Feet

  • Lot Frontage: 99.94 Feet

  • Zoning: Multi Unit Resid

Commercial Specific

  • Total Area: 4500

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Lot Code: Building

  • Gross Income/Sales: 106200

  • LLBO: N

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