3 Bedroom
1 Bathroom
1,020 ft2
Heat Pump
$374,900
Fully leased two unit commercial investment property in the heart of New Germany with strong cash flow and long term stability. The main floor is occupied by 2 Papas Pizza, leasing the space for $1,700 per month plus utilities with a secure lease in place until July 2029. The upper level consists of a renovated three bedroom, one bath apartment generating $1,800 per month plus utilities on a fixed term lease expiring August, 2026. The unit features an open concept kitchen and living area, large vinyl windows providing excellent natural light, and a main floor mudroom with laundry. Recent upgrades include new drywall, flooring, and a newer heat pump, with an additional energy efficient ducted heat pump available and ready to be connected. Major building improvements include new electrical panels and wiring, a metal roof, electric on demand water heater, hot water tank, and water softener systems. Located just 20 minutes from Bridgewater, this highly profitable property offers reliable income with minimal deferred maintenance. (id:45785)
Property Details
|
MLS® Number
|
202600671 |
|
Property Type
|
Single Family |
|
Community Name
|
New Germany |
|
Features
|
Level, Sump Pump |
|
Structure
|
Shed |
Building
|
Bathroom Total
|
1 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Appliances
|
Stove, Dryer, Washer, Refrigerator |
|
Basement Features
|
Walk Out |
|
Basement Type
|
Partial |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Heat Pump |
|
Exterior Finish
|
Wood Siding |
|
Flooring Type
|
Carpeted, Laminate |
|
Foundation Type
|
Poured Concrete |
|
Stories Total
|
2 |
|
Size Interior
|
1,020 Ft2 |
|
Total Finished Area
|
1020 Sqft |
|
Type
|
House |
|
Utility Water
|
Drilled Well |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Septic System |
|
Size Irregular
|
0.1676 |
|
Size Total
|
0.1676 Ac |
|
Size Total Text
|
0.1676 Ac |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Living Room |
|
|
14.6 x 15.10 |
|
Second Level |
Eat In Kitchen |
|
|
15.5 x 10.5 |
|
Second Level |
Bath (# Pieces 1-6) |
|
|
7.8 x 4.11 |
|
Second Level |
Bedroom |
|
|
11.5 x 9.2 |
|
Second Level |
Primary Bedroom |
|
|
12.5 x 10.3 |
|
Second Level |
Bedroom |
|
|
10 x 9.3 |
https://www.realtor.ca/real-estate/29244613/5257-highway-10-new-germany-new-germany