Great investment opportunity in downtown Galt at a very busy main street, across from the central public school! Prime ground floor retail with 2 apartments. One 3-bedroom 1,800 sq.ft apartment, 1,200 sq.ft ground floor store front and one 550 sq.ft one bedroom apartment. C3 zoning allows a wide range of use including apartments, retail/office/clinic/retail/restaurant/cafe/variety store. Total potential rental income from 2 apts and commercial unit $7,045.00/month. Main floor currently rented at $2,500/month and one bedroom apt rented for $1,545/month. Owner currently residing in 3 bedroom unit. Potential to convert main level store space into 2 additional residential units. 2 separate gas and hydro meters. 1 hot water tank and furnace owned. Don't miss your chance at this cash flow property (id:4069)
Address
172 MAIN STREET
List Price
$1,150,000
Property Type
Retail
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
Ontario
Sub-Area
Cambridge
Floor Area
3,550 Sq. Ft.
Lot Size
66.29 x 10359 FT Sq. Ft.
MLS® Number
X12636878
Listing Brokerage
KINGSWAY REAL ESTATE
Postal Code
N1R1W6
Zoning
C3
