$560,000

5301 Nauvoo Rd

Watford, Warwick, Ontario, M0M 2S0

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A commercial/residential investment opportunity awaits you in downtown Watford. This building has double access from Nauvoo Road (Main Street) or at the rear of the building. The main floor has a commercial take-out restaurant up front, with a spacious one-bedroom apartment at the rear. The second floor consists of two, one-bedroom apartments. All units have had extensive interior renovations recently. These four units are all rented with high-value rent, showing an impressive Cap Rate of 7.3%. The tenants pay the hydro, heat, water, and tenant liability insurance. High-speed unlimited fibre optic internet is available at the tenants cost. Note: the low property taxes of $928.00. This building is a turnkey operation and is a perfect investment opportunity for you. Just take over as an investment or live in one unit yourself and let the tenants pay the mortgage. Professional property management for this building can be arranged.

Property Info
MLS®: X8481726
Listing Courtesy of SHANAHAN REALTY INC.
Total Bedrooms 0
Total Bathrooms 0
Basement N
Floor Space 0 sq.ft.
Lot Size 2904 sq.ft.
Style other
Last Updated 2024-06-26
Property Type Store W/Apt/Office
Listed Price $560,000
Unit Pricing $560,000/sq.ft.
Strata Fee $0.00
Tax Estimate $928/Year
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