Description

Unique property with two frontages, one on King St. (commercial building) and one on Queen St. (residential bungalow) in quaint Woodville. Raised bungalow fronting on Queen features a 3 bdrm residential unit on the main floor and a 1 bdrm suite in the bright basement, both currently tenanted. Common laundry room in the house, in the lower level, allows use for both tenants. The house is attached by a large room/office currently only accessible from the commercial building fronting on King St. This commercial building features two separate units, up and down, awaiting your finishing touches. Commercial building heated/cooled by heat pumps. House heated by propane forced air. So much potential! Continue renting both units in the house or live in the main floor unit while collecting $$$$ from the lower level tenant and finish off the two commercial units for more income!

Highlights

Tenants in the house are currently paying $1255 for the main floor unit and $1200 for the lower level, with the landlord paying utilities. Lower level tenant has a lease in place until November 1st and must be assumed.