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| ID: | 66312 |
|---|---|
| MLS ID: | 24607247 |
| MLS Nubmer: | 2465966 |
| description: | Invest Here! Current tenants are willing to stay & each pays $1000.00 per month. Upgraded Furnace, Hot water Tank, Electrical to 100 amp service, Shingles in 2004, and recent vinyl flooring on main & basement floors! Gross yearly rents $24,000, Yearly Expenses $7102.45, N.O.I. $16,837.55 showing a 6.8% cap rate at list price of $245,900. Taxes $2220.86, Utilities $1000.00, Hydro $660.00, Fortis Gas $1421.59, Insurance $1080.00, Maintenance $720.00 (all yearly figures supplied from Seller). This Property is currently operated as a non-conforming use for the C-2 zoning (Highway Commercial). Operate as is or convert to a Barbershop, Beauty Salon, small business or a tea house as it's located adjacent to two hotels & a couple of restaurants. Call your Agent today! |
| address: | 122 VAN HORNE STREET S |
| postal code: | V1C1Z3 |
| city: | Cranbrook South |
| latitude: | 49.50927173 |
| longitude: | -115.77544943 |
| constructed_date: | 1949 |
| sub_type: | Single Family |
| size_total: | under 1 acre |
| heating_type: | Forced air (Natural gas) |
| landscape_features: | Fully landscaped, Landscaped |
| amenities: | Storage - Locker |
| features: | Corner Site, Flat site, Other, Paved driveway, Level |
| community_features: | High Traffic Area |
| amenities_near_by: | Shopping, Park, Airport, Ski hill, Recreation Nearby, Highway, Golf Nearby, Schools, Stores, Ski area |