$895,000

36 Devitt Avenue

Waterloo ON, N2J 3E6

Description

$44,436 NOI. FULLY LEASED DUPLEX WITH SHOP. UNIQUE HIGH EXPOSURE INVESTMENT SETUP- 1550 SF LEGAL DUPLEX AT THE FRONT OF THE PROPERTY AND A SMALL CLEAN WAREHOUSE WITH OFFICE AT THE REAR OF THE YARD, CURRENTLY LEASED AS SECURE TEMPERATURE-CONTROLLED STORAGE FOR COLLECTIBLE CARS. EXCEPTIONALLY WELL MAINTAINED PROPERTY. WAREHOUSE TENANT HAS REMAINING TERM UNTIL DECEMBER 31, 2023. THIS INVESTMENT WILL BE CAREFREE FOR MANY YEARS, 2-FOLD INVESTMENT PROVIDING ZONING CONDUCTIVE FOR MIXED-USE COMMERCIAL FUTURE REDEVELOPMENT. NEW: 2ND FLOOR FULLY RENOVATED (2019). TANKLESS WATER HEATER (2018). FURNACE (2018)

Details

MLS#40089180
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site20

Features

SQ Feet3,150
Units2
Building(s)1
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Area Information
ProvinceON
CountyWaterloo
CityWaterloo
Postal CodeN2J 3E6
Area1 - Waterloo East
Listing VS Median (in N2J 3E6)
Price:
$895,000
low | high
Med:
$895,000
50% of Average
SqFt:
3,150
low | high
Med:
1,575
100% of Average
$ / SqFt:
$284
low | high
Med:
$142
100% of Average
On Site:
20
low | high
Med:
20
100% of Average
Sourced by Back At You
Listing Updated: April 18, 2021 8:00:41 PM PDT
STEVE GERAKOPULOS LogoMLS Number: 40089180
Listing Provided By:
STEVE GERAKOPULOS  of  Cloud Realty Inc.
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