$1,269,000

33 Light Street

Woodstock ON, N4S 6G7

Description

8 WAYS to MAKE YOUR MONEY WORK FOR YOU! Make this North Woodstock 8-plex the next addition to your investment portfolio. Solid Numbers: Gross income $98,304, Net income just over 69,000 in 2020. This property is comprised of 2 buildings with 8 units in total. The Main building is a grand Victorian 2.5 storey with 5 spacious, bright & character-filled units. The additional building is a purpose-built 3-plex with 2 single garages, known as the "Coach House" located at the back of this large property. C3 Zoning offers many of non-residential uses such a professional offices, retail or a studio (see permitted uses for more options). Dedicated coin laundry on site and private parking for 8. Lots of public and street parking also available. All units currently occupied with excellent long term tenants (all in good standing). Each unit is equipped with fridge and stove (as is). Furnace 2017 in Carriage House & Boiler 2020 in main building. Premier location only steps to parks, schools, restaurants, library, shops, public transit & downtown. Easy 401 access. Minutes to London, Cambridge, Kitchener, Brantford. Seeing the LIGHT? Then it's time to get started with your new money making venture!

Details

MLS#40067403
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site8

Features

Units8
Building(s)1
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Area Information
ProvinceON
CountyOxford
CityWoodstock
Postal CodeN4S 6G7
Area1 - Woodstock
Listing VS Median (in N4S 6G7)
Price:
$1,269,000
low | high
Med:
$1,269,000
50% of Average
On Site:
8
low | high
Med:
8
100% of Average
Listing Updated: February 24, 2021 8:00:36 PM PST
LORI GOLDHAWK LogoMLS Number: 40067403
Listing Provided By:
LORI GOLDHAWK  of  ROYAL LEPAGE TRILAND REALTY(INGERSOLL)
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