22433 Adelaide Road, Mount Brydges

$369,900

0 Beds
0 Baths
0 Sqft
.6 Acres
0 Garages

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).

Essential Information
MLS® #242884
Price$369,900
Bathrooms0.00
Acres0.60
TypeCommercial Sale
Sub-TypeBuilding and Land
StatusConditional
Community Information
Address22433 Adelaide Road
AreaStrathroy Caradoc Twp
SubdivisionMount Brydges
CityMount Brydges
CountyMiddlesex
ProvinceON
Postal CodeN0L 1W0
Amenities
UtilitiesYes
Parking Spaces1
Parking

Attached Garage, Gravel, Outside/Surface/Open, Right-of-Way, Boulevard, Mutual/Shared

Interior
HeatingGas, Gas Forced Air Open
CoolingCentral Air
Has BasementYes
# of Stories2
Interior Features

Ceiling Fans, Laundry Facilities, Storage, Storefront, Window Display, Workshop, Drapes/Blinds

Exterior
Lot DescriptionIrregular
RoofAsphalt Shing
ConstructionAluminum Siding
FoundationWood Frame
Exterior Features

Storage Buildings, Workshop/Storage

Additional Information
Days on Market120
Listing Details
OfficeLONDON LIVING REAL ESTATE LTD.
Property History
Status Changed from Active to Conditional
Status Changed from Conditional to Active
LISTING MAP

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