Matthew Tenk
Broker of Record
254 W Main Street Palmerston, Ontario N0G 2P0
$995,000
FANTASTIC INVESTMENT IN DOWNTOWN PALMERSTON. GROWING COMMUNITY WITH HOSPITAL, LIBRARY, SCHOOLS, SHOPPING CLOSE TO LAKE HURON. COMPLETELY RENOVATED IN 2018/19 FROM THE WALLS IN. FULLY FOAM SPRAYED INSULATION, NEW WIRING,NEW PLUMBING, NEW HEATING LINES AND RADS, NEW KITCHENS WITH DOUBLE SINKS AND GRANITE COUNTERTOPS, WOOD/VINYL FLOORING AND ONE PIECE FIBREGLAS TUBS WITH POT LIGHTS. VERY BRIGHT AND EASY TO RENT. TENANTS PAY THEIR OWN HYDRO AND EACH UNIT HAS ITS OWN THERMOSTAT. TWO UNITS HAVE DECKS. THERE IS A COIN OPERATED LAUNDRY ON THE MAIN FLOOR. THERE ARE 2 COMMERCIAL SPACES FULLY RENTED AND OWNER PAYS THEIR HYDRO. THE PROPERTY HAS 3 PARKING SPACES AND THE TOWNSHIP MAINTAINS THEM AND SHOVELS THE SNOW ON THE SIDEWALK PLUS 'in addition THERE ARE 2 OTHER PARKING SPOTS SUPPLIED BY THE TOWN AT NO COST OR MAINTENANCE FEES. STORE FRONTS WERE PROFESSIONALLY DESIGNED AND WERE AWARD WINNING. VERY WELL LAID OUT AND IN EXCELLENT CONDITION ALL UNITS ARE IN GOOD SHAPE AND RENTED.POSSESSION CAN BE IMMEDIATE WITH TENANTS. (id:39551)
Property Details
| MLS® Number | 40228495 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Place Of Worship, Playground, Schools, Shopping |
| Community Features | High Traffic Area |
| Equipment Type | None |
| Features | Southern Exposure, Corner Site, Paved Driveway, Laundry- Coin Operated |
| Parking Space Total | 5 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 6 |
| Bedrooms Total | 4 |
| Age | New Building |
| Appliances | Microwave, Water Meter, Microwave Built-in |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Metal, Stone, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | No |
| Foundation Type | Stone |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Size Interior | 3460 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access, Highway Nearby |
| Acreage | No |
| Land Amenities | Hospital, Place Of Worship, Playground, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 93 Ft |
| Size Frontage | 32 Ft |
| Size Irregular | 0.076 |
| Size Total | 0.076 Ac|under 1/2 Acre |
| Size Total Text | 0.076 Ac|under 1/2 Acre |
| Zoning Description | C1-17 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24173097/254-w-main-street-palmerston
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