About 30 Queen Street W
DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West. This property in downtown Elmvale offers a lucrative investment opportunity, featuring a thriving high-end laundromat & three 2-bed/1-bath apartments & one 2 bed/1.5-bath apartment. Substantial positive cash flow as one of the last remaining cash business opportunities. With a prime location, it ensures a constant flow of customers & desirable tenants. The laundromat has a loyal clientele, an outstanding reputation & fully-owned (no rentals) modern equipment, guaranteeing a positive return on investment. The apartments provide additional revenue streams with a brand-new 2-bed main floor unit with a magazine-worthy kitchen & some updates to the upper units. The plumbing & electrical have been completely updated for peace of mind. The property has a potential annual revenue of $132,000 at current market rates. Tenant parking is gated with fob access. Vacant possession is avail. (id:36535)
Features of 30 Queen Street W
| Listing # | 40594977 |
|---|---|
| Price | $1,999,900 |
| Bedrooms | 8 |
| Bathrooms | 5.00 |
| Square Footage | 5,409 |
| Acres | 0.00 |
| Year Built | 1910 |
| Type | Multi-family |
| Sub-Type | Freehold |
Community Information
| Address | 30 Queen Street W |
|---|---|
| Subdivision | SP73 - Elmvale |
| City | Elmvale |
| Province | Ontario |
| Postal Code | L0L1P0 |
Amenities
| Amenities | Park, Schools, Shopping |
|---|---|
| Features | Southern exposure, Laundry- Coin operated |
| Parking Spaces | 8 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Window Coverings |
|---|---|
| Heating | Natural gas Forced air |
| Cooling | Central air conditioning |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Exterior | Brick, Metal |
|---|
Listing Details
| Office | Courtesy Of Peggy Hill and Jim Ruddy Of Re/Max Hallmark Peggy Hill Group Realty Brokerage |
|---|
