Descripation

Current Fire Inspection complete everything is compliant. Investment opportunity in the Heart of Kinmount. This building has been well maintained and cared for. Offering 2 Commerical opportunites on the main floor, with long term Tenant in place in the one unit. The main floor also offers a well appointed studio apartment occupied by Tenant. The upper building has a 2 Bedroom apartment, occupied with long term Tenant, and a one bedroom apartment occupied Dec.1st. These units are a great source of income with the mix of Commercial and Residential uses. Kinmount thrives both Winter and Summer, being on the Rail trail for the adventure snow machines and atv's, and summer attracts a huge support from the Cottage Community. The holding tank is located for easy access and a pump out is approx.$715 month. Updated electrical includes 2-200 amp panels for the building. NOI approx. $55,000per year. Seller take back available with 35% down and will offer Commercial bank rate to get you started.