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105 GARAFRAXA STREET S, West Grey

4 BEDS · 4 BATHS · 3500 - 5000 sqft

$489,000

Prime Corner location - high visibility at Highway 6 and Grey Road 4 in Durham. Attractive faA?ade has been updated with timber accents and sleek black finishes. Main level commercial space is bright, features high ceilings and is home to Studio L.G Aesthetics. There are 3 residential apartments on the 2nd level, all in good condition and home to excellent tenants. There is potential for an additional street-level commercial space with a separate access off Grey Road 4 (Lambton Street). Natural gas hot water boiler, heat pump, updated windows and hot water tanks, 5 separate hydro meters. There is a full basement for additional storage. Building is in great condition and is a good opportunity for a new or seasoned investor with approximately 7% cap rate. Financials and additional information available.

General Info


MLS Listing ID: X13224016 Bedrooms: 4 Bathrooms: 4 Year Built: 0
Listing Type: Multi-family Half Baths: 1 Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Stone Roof: N/A Title To Land: N/A Parking Space Total: 0
Parking: N/A Heating: Forced air, Heat Pump, Radiant heat Size: 3500 - 5000 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full (Unfinished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: CARRIE RUSSELL, Royal LePage RCR Realty

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