SAVVY INVESTORS WILL NOT WANT TO MISS THIS OPPORTUNITY W/ A GREAT CAP RATE. SITUATED IN THE BEAUTIFUL TOWN OF TECUMSEH ON TECUMSEH ROAD EAST, W/ STREET SCAPING STARTING SOON BY THE TOWN, NEW BATTERY PLANT, NEW BRIDGE, AND THE NEW HOSPITAL. AS WELL AS THESE NEW DEVELOPMENTS NEAR BY, IN ADDITION LIKELY NEW CONDO BUILDING GOING UP ACROSS THE STREET. THE LOW MAINTENANCE PROPERTY HAS BEEN WELL MAINTAINED, HAS 3 PARKINGS SPOTS IN THE REAR FOR REAR TENANT. THIS PROPERTY HAS HAD THE FOLLOWING UPDATES IN THE LAST FEW YEARS. NEW FLAT ""TPO"" ROOF(2023), NEW ROOF DRAIN PLUMBING(2023), NEW SIDEWALK ON WEST SIDE(2022), NEW EXTERIOR LED LIGHTING(2023), NEW HEAT PUMP FRONT UNIT HVAC(2022), NEW WOODEN DECK FOR UPPER APARTMENT(2023), AND BEAUTIFUL NEW SIGNAGE COMING FOR FRONT TENANT. THIS PROPERTY HAS 3 SOLID LEASES, WITH LOTS OF TIME LEFT, PLUS RENEWALS. PLEASE CONTACT L/B FOR FURTHER INFORMATION, AS WELL AS TO BOOK VIEWINGS. (id:53998)
Business Type | Residential |
Business Sub Type | Residential |
MLS® Number | 23025273 |
Property Type | Industrial |
Features | Visual Exposure |
Cooling Type | Air Conditioned, Central Air Conditioning |
Flooring Type | Ceramic/porcelain, Cushion/lino/vinyl |
Heating Fuel | Natural Gas |
Heating Type | Forced Air, Furnace |
Size Interior | 4307 |
Total Finished Area | 4307 Sqft |
Type | House |
Acreage | No |
Size Irregular | 28x120 |
Size Total Text | 28x120 |
Zoning Description | Comm |
https://www.realtor.ca/real-estate/26341387/12127-tecumseh-road-east-tecumseh
Contact us for more information
Chuck Roy
Broker of Record
(519) 997-2000
(519) 997-2001