Woodstock – 1 x 1,600 sf Commercial + 4 Units

Property Description

Fully renovated 4 residential units plus 1 commercial unit investment.

Welcome to Woodstock, Ontario – located at the crossroads of Highways 401 and 403.
This beautiful property with historic charm is located in the downtown core with front and rear entry to the upper four apartments as well as street level store-front access. Both residential and commercial leases are month to month. The most recently upgraded apartment is vacant. Private parking for 4 vehicles is available at the rear of the property vacant.

 

  • 1 x Commercial Retail Space is currently leased and operating as a beauty supply store. Large open-concept floor plan with bathroom and shared laundry access.
  • 4 x Residential Apartments are found with stair access on the second and third floors. Each contains 1-Bedroom, Living Room, Bathroom and Open Concept Kitchen.
  • Separately metered for electricity and each with its own forced air furnace. Common laundry on the main floor.
  • Upgrades include new plumbing, electrical, windows, HVAC, Fire & Life Safety and Security in addition to apartment appliances and finishes.
  • Potential Income might be found with setting a new rent for the vacant unit and/or installing coin laundry.
  • Billboard possibilities on the side of the building (check with municipality for approval).

Details