Well maintained income property in the heart of Bowmanville's Historical Downtown. Located immediately adjacent to Clarington Municipal Townhall. Owned by same family for numerous decades. Mix of residential & commercial tenants provides 4.3% ROI (2022) with potential to increase total annual rental income after renovating & utilizing 1,000 s.f. unused space on second level. Current annual net income $119,822. Listing Broker for financial details.**** EXTRAS **** See attached Schedule C for List of Chattels, Inclusions, Exclusions and Rental Items (id:46324)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | E6742476 |
Property Type | Multi-family |
Neigbourhood | Bowmanville |
Community Name | Bowmanville |
Amenities Near By | Public Transit, Recreation |
Cooling Type | Partially Air Conditioned |
Size Exterior | 12000 Sqft |
Size Interior | 12000 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit, Recreation |
Sewer | Sanitary Sewer |
Size Irregular | Bldg=62.69 X 169.23 Ft ; Irregular Shaped (trapezoid) |
Size Total Text | Bldg=62.69 X 169.23 Ft ; Irregular Shaped (trapezoid) |
https://www.realtor.ca/real-estate/25945821/20-30-king-st-w-clarington-bowmanville
Contact us for more information
Jim Abernethy
Broker
(905) 697-1900
(905) 697-1927
www.royalservice.ca