Description
Discover a rare investment opportunity with this fully tenanted, five-unit mixed-use property, delivering strong and consistent cash flow. Properties with this level of financial performance are seldom available in Exeter, making it a compelling option for investors seeking stable returns.The main floor features a well-established commercial unit that has remained continuously leased for over 20 years. The ground-floor residential unit is occupied by a reliable long-term tenant, while the three upper-level residential units have been recently renovated. Updates include modern kitchens, refreshed bathrooms, new flooring, and fresh paint throughout.The property has seen significant capital improvements, including a new electrical system with separate hydro panels for each residential unit, updated plumbing, and new energy-efficient windows. A new digitally operated washer and dryer offer added convenience and value for tenants. Ample on-site parking is available at no extra cost.A newer membrane roof provides long-term peace of mind, ensuring low maintenance for years to come. Well-maintained and ready for immediate possession, this property offers an ideal investment with stable income and minimal upkeep.Contact us today for full financial details.
Overview
Property ID:
X12230022
Type:
Commercial Retail
Square:
4,236 m²
Price:
$789,900
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Partial
Heating:
Gas Forced Air Open
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
2648
PossessionDetails:
Immediate Possession Available
Map
-
AddressSouth Huron
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