ONE GREAT COMMERCIAL/RESIDENTIAL PROPERTY IS NICE BUT TWO GREAT COMMERCIAL/RESIDENTIAL PROPERTIES SIDE BY SIDE WITH A HUGE PARKING LOT IS PROBABALY BETTER, RIGHT ? *Media includes photos of both properties that should be sold together, so call your friend or family member right now and invest together in this amazing opportunity. Joint list price of $1,498,000 for both properties 98-100 & 102 Walton Street. Incredible multi-use investment opportunity in downtown Port Hope's historic strip. Featuring 2 main floor commercial spaces and 10 residential apartments; 4 bachelor units, 4 one bedroom units & 2 two bedroom units with a rare parking lot for 14. Well updated and maintained property offering a great mix or residential and commercial with a large parking lot at the back for tenants. Many updates including a newer roof in the last year or so, updated brick work, heat pump among many other upgrades. This is a rare opportunity to land an excellent investment property with the possibility to relocate your current successful business into one of the main floor commercial spaces for added value if needed. Why pay rent to lease your current commercial space when you can own and collect rent to help you pay the mortgage? Do the math, years of leasing the space for your current, successful business does not add up. Most successful businesses that last for many years are the ones that also own the real estate. With so many great improvements happening to downtown Port Hope and in the area in general that will boost the local economy, you will want to get in before you just cant. (id:4069)
Address
102 WALTON STREET
List Price
$749,000
Property Type
Retail
Type of Dwelling
Residential Commercial Mix
Transaction Type
Sale
Area
Ontario
Sub-Area
Port Hope
Floor Area
6,254 Sq. Ft.
Lot Size
24.93 x 196.38 FT Ac.
Lot Depth
196 ft ,4 in
Frontage Length
24 ft ,11 in
MLS® Number
X13442254
Listing Brokerage
REAL ESTATE HOMEWARD
Postal Code
L1A1N3
Zoning
C3
Parking Places (Total)
10
Site Influences
Highway
Heat Type
Other
Cooling Features
None
Water Source
Municipal water
Sewer
Sanitary sewer
