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30 Queen St W
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Key Facts
Key facts for 30 Queen St W
Property Type
Commercial
Parking
None , 8 parking
MLS #
S7221988
Size
-
Basement
N
Listed on
-
Lot size
50 x 166.98
Tax
$5,046.99 /yr
Days on Market
-
Approximate Age
100+
Maintenance Fee
-
Description
DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substan...tial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The property has a potential annual revenue of $132,000 at current market rates. What's more, vacant possession is available, allowing flexible management options. Explore this remarkable investment opportunity!
Courtesy of: RE/MAX HALLMARK PEGGY HILL GROUP REALTY