363-365 Main Street Deseronto, Ontario K0K 1X0

$699,900

Investment opportunity in the heart of Deseronto! This charming property adored by the community, seamlessly blends commercial convenience with residential income. Consisting of 6 residential units fully tenanted (month-to-month), a detached double garage with income potential, and a 3000 square footage commercial space. The residential units consist of 4x2bdrm units, and 2x1bdrm (up-lift potential to convert to 2bdrm). Current income is $83,334 with multiple additional income stream opportunities. An ideal set-up for investors looking for a mixed portfolio addition, or entrepreneurs and business owners looking to establish themselves in the community. Whether it's a boutique, cafe, or professional office space, the possibilities are endless. The dual-purpose nature of this property opens the door to a range of possibilities. Investors can capitalize on the income potential of both the commercial and residential spaces, storage opportunities, and making it an ideal choice for those looking to diversify their portfolio. New roof was completed 2023. (id:48714)

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https://www.realtor.ca/real-estate/27206930/363-365-main-street-deseronto