30 Queen St W - MLS® # S8074622

$1,999,900

Property Details


Living Area
0 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
N/A
Taxes
5046.99
Type
.Q.
Style
N/A
Basement
N
Year Built
1924

Description

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.

Listing Provided By

RE/MAX HALLMARK PEGGY HILL GROUP REALTY

Neighborhood Info

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CONTACT

  • Name:
    Lance Chilton
  • Phone:
    705-739-0058
  • Mobile:
    705-795-5167
  • Address
    • 152 Bayfield Street
    • Barrie, ON
    • L4M 1H2