Incredible investment opportunity. 2 buildings plus a lot sold together. Fantastic cap rate. Check this out! Main building offers retail storefront. Currently lease as Antique Store ($750 inc.). 3 bedroom apartment on main level leased for $1,020 inc. Two 1 bedroom apartments on the second level leased at $625 and $650 each inc. Attached garage currently rented out for $50/month. Separate carriage house at the rear of the property has a 4-car garage rented for $200/month which can be converted into another unit in the future. Upstairs in the carriage house is another 2 bedroom apartment rented for $900 plus. Current income is $4,175 per month ($50,000 per year). New furnace and AC in main building in 2016. Sewer charges paid out. Owner would prefer to sell property with vacant adjacent lot (658 King St - listed separately for $99,900 MLS#242887). NetIncome: 30118.82
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