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18-24 Oxford Street Tillsonburg, Ontario N4G 2G1

Forced Air

$975,000

SET IT AND FORGET IT! Looking for a cash-flowing, hands-off investment that is fully rented top to bottom to add to your portfolio? 18-24 Oxford Street is a mixed commercial/residential part of the Downtown core and offers nearly 8000 square ft of space - located steps from Broadway. Three established commercial tenants are located at street level and enjoy one of the highest visibility exposures in Oxford County. Upstairs, find 4 large, fully rented apartments that have been updated in recent years with kitchens, bathrooms, floor, paint, etc. The commercial tenants consist of two established retailers, as well as an office providing professional services. Upstairs, find 1 one bedroom apartment and 3 over-sized two bedroom apartments -two come with in-suite laundry. All units pay for their own utilities. This investment grosses nearly 6k a month with 5.67 cap rate. Owner pays water bill for the building- roughly $120/m. Owners occupy a 15x30 storage space in the basement. There is air conditioning in some but not all of the units. Not many opportunities are available to be part of Tillsonburg's coveted core. Call today! (id:41662)

Property Details

MLS® Number 40082161
Property Type Other
Amenities Near By Public Transit, Shopping
Communication Type High Speed Internet
Community Features High Traffic Area

Building

Basement Development Partially Finished
Basement Type Full (partially Finished)
Construction Style Attachment Attached
Fireplace Present No
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Exterior 8000.0000
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Frontage 74 Ft
Size Irregular 0.096
Size Total 0.096 Ac|under 1/2 Acre
Size Total Text 0.096 Ac|under 1/2 Acre
Zoning Description Cc

Utilities

Cable Available
DSL* Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/22965454/18-24-oxford-street-tillsonburg

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