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30 Queen Street W Elmvale, Ontario L0L 1P0

8 Bedroom 5 Bathroom 5409 sqft
Central Air Conditioning Forced Air

$1,999,900

DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The plumbing & electrical have been completely updated for peace of mind. The property has a potential annual revenue of $132,000 at current market rates. Tenant parking is gated with fob access. Vacant possession is avail. (id:48303)

Property Details

MLS® Number 40594977
Property Type Multi-family
Amenities Near By Park, Schools, Shopping
Community Features High Traffic Area
Features Southern Exposure, Laundry- Coin Operated
Parking Space Total 8
Structure Shed

Building

Bathroom Total 5
Bedrooms Total 8
Appliances Window Coverings
Basement Type None
Constructed Date 1910
Cooling Type Central Air Conditioning
Exterior Finish Brick, Metal
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 5409 Sqft
Type Fourplex
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Park, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 167 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description Cg

https://www.realtor.ca/real-estate/26952267/30-queen-street-w-elmvale

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RE/MAX Hallmark Peggy Hill Group Realty Brokerage
374 Huronia Road
Barrie, Ontario L4N 8Y9

(705) 739-4455
(866) 919-5276
peggyhill.com/

RE/MAX Hallmark Peggy Hill Group Realty Brokerage
374 Huronia Road Unit: 101
Barrie, Ontario L4N 8Y9

(705) 739-4455
(866) 919-5276
peggyhill.com/

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