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18-24 OXFORD Street, Tillsonburg, Ontario, N4G2G1
Property TypeOther Lot Size0.1 acres

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:32039)


Details
Amenities NearbyPublic Transit, Shopping CommunicationHigh Speed Internet
Community FeaturesHigh Traffic Area OwnershipFreehold
TransactionFor sale Zoning DescriptionCC
Building
Basement DevelopmentPartially finished BasementFull (Partially finished)
Construction Style AttachmentAttached Heating FuelNatural gas
HeatingForced air Size Exterior8000.0000
Storeys Total2 Utility WaterMunicipal water
Land
Size Total0.096 ac|under 1/2 acre Size Frontage74 ft
AmenitiesPublic Transit, Shopping SewerMunicipal sewage system
Size Irregular0.096

Listing Office: CENTURY 21 HERITAGE HOUSE LTD, BROKERAGE

Data Provided by Tillsonburg District Real Estate Board

Last Modified :10/06/2021 04:41:15 PM

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