$1,195,000

55 Commercial Street

Milton ON, L9T 2H6

Description

Legal Tri-Plex in Old Milton with excellent long term tenants. Ideally located within walking Distance to Downtown and Schools. Buyer to Assume Tenants All measurements, floorplans and photos- from I-Guide. Financials based on past 12 months: units are $1160.00, $1494.00, and $1477.00, monthly includes heat ,hydro and water. Annual Income - $50,772.00 (Rental Income - $49,572.00 & Coin Operated Laundry Income - $1,200.00). Annual Expenses - $12,447.57 (Hydro (incl. water and sewage) - $5,869.71, Gas - $630.66, Insurance - $2,088.00 Taxes - $3,859.20). Approx. Net Annual Income: $38,324.43 ** SHOWINGS MONDAYS , WEDNESDAY AND SATURDAYS *** The entire property is within control area of Conservation Halton, buyer to due own due diligence.

Details

MLS#40031162
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1962
Days On Site17

Features

Bed(s)8
Bath(s) 3 Total
Acreage0.24
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Area Information
ProvinceON
CountyHalton
CityMilton
Postal CodeL9T 2H6
Area2 - Milton
Listing VS Median (in L9T 2H6)
Price:
$1,195,000
low | high
Med:
$1,195,000
50% of Average
On Site:
17
low | high
Med:
17
100% of Average
Listing Updated: 10/29/2020
Lindsay J. McLaren LogoMLS Number: 40031162
Listing Provided By:
Lindsay J. McLaren  of  RE MAX Real Estate Centre Inc Brokerage
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