8 Beds 5 Bath

40 & 42 Bridge Street E, Bancroft, ON K0L 1C0

Bancroft K0L 1C0 Ontario

MLS: X12310033

$500,000

Added 18 days ago | For Sale

Listed by: RE/MAX REALTY SPECIALISTS INC.

About Property

Imagine cash flowing easily every month, while owning prime real estate in the heart of the up and coming city of Bancroft. Here is your chance to own a versatile income-generating property, featuring two buildings and five current rental units, with the potential to expand up to seven units. The main building offers over 600 sq. ft. of street-level commercial space (formerly home to the long-running and successful Hawleys business). Now vacant, it is a blank canvas for your next venture or an additional rental income stream. Whether you're an investor looking to scale, or an entrepreneur seeking live/work potential, this property is a rare find with serious upside. Currently cash-flowing, and producing over $4800/month - with potential to make another $3000/month. Don't miss this one!

Features

  • House Style:Fourplex
  • Bathrooms:5
  • Land Size: 66 X 165
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Bridge Street East/Hastings Street North
  • Basement:Other , Other
  • Possession Date:
  • Annual Property taxes: $5785.97
  • Bedrooms:8
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12310033

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