80-84 Reeve Street West, Woodstock | Image 1

80-84 Reeve Street West

Woodstock

  • Commercial

$799,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C-3

  • Age: No Data

  • Taxes: 3600

  • MLS®#: X9348334

  • Days on Site: 2 Days

  • Added: Sep 12, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: BRIDGE REALTY

Unlock unparalleled investment potential with this exceptional triplex in Woodstock, featuring two ground-level apartments and one upper unit. With a detached garage, over 8 parking spaces, and a vast fully fenced rear yard, this property sets the stage for success. Generating a remarkable $81,000 annually in gross rental income and boasting an approximate 9% Cap Rate, its two driveways ensure hassle-free parking for tenants and guests. Nestled in a peacefull neighborhood mere steps from downtown, grocery stores, and dining options, this turn-key investment guarantees both convenience and profitability. Complete with all appliances, individual laundry facilities, separate hydro meters, and private entrances for each unit, it prioritizes comfort and privacy. Whether expanding your portfolio or stepping into real estate for the first time, the seamless access to the 401 highway elevates its allure, solidifying its status as a coveted asset in Woodstock's thriving real estate landscape.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Accommodation

  • Area: Woodstock

  • Availability Date: Flexible

  • Assessment Amount: $239,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Double Detached

Fees

  • Tax Year: 2023

  • Taxes: $3,600

  • Taxes Type: Annual

Land

  • Cross Street: DUNDAS STREET and RE

  • Municipality District: Woodstock

  • Parcel Number: 001040105

  • Lot Depth: 83.84 Feet

  • Lot Frontage: 66.15 Feet

  • Zoning: C-3

Commercial Specific

  • Total Area: 1992

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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Map of 80-84 Reeve Street West, Woodstock
JK-8

Holy Family French Immersion School

Elementary: Catholic
1.32 km
JK-8

Central Public School

Elementary: Public
0.56 km
JK-8

Oliver Stephens Public School

Elementary: Public
1.17 km
JK-8

Southside Public School

Elementary: Public
0.99 km
JK-8

Northdale Public School

Elementary: Public
1.49 km
JK-8

St Patrick's

Elementary: Catholic
1.18 km
9-12

St Don Bosco Catholic Secondary School

Secondary: Catholic
0.53 km
9-12

École secondaire catholique École secondaire Notre-Dame

Secondary: Catholic
4.08 km
9-12

Woodstock Collegiate Institute

Secondary: Public
0.52 km
9-12

St Mary's High School

Secondary: Catholic
1.53 km
9-12

Huron Park Secondary School

Secondary: Public
1.93 km
9-12

College Avenue Secondary School

Secondary: Public
0.88 km
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$729,000
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$649,500
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