91 Division Street, Cramahe, ON K0K 1S0

  • $699,900
91 Division Street, Cramahe, ON K0K 1S0
Active For Sale
91 Division Street, Cramahe, ON K0K 1S0
91 Division Street, Cramahe, ON K0K 1S0
  • $699,900

Overview

Property ID: HZX12048995
  • Investment, Commercial Sale
  • Property Type
  • 4138
  • Sqft

Description

FOURPLEX INVESTMENT OPPORTUNITY (Seller financing opportunity) for anyone looking to expand their portfolio or enter the rental market. Once known as The Grand Trunk Railway Hotel, this building has character and charm that cant be replicated. Seller is willing to consider a Vendor Take Back (VTB). The fourplex is divided into four distinct units, each with its own unique layout and appeal. Unit 1: A spacious 3-bdrm, 1-bath apartment. Unit 2: This unit offers 3 bedrooms and 3 bathrooms, including one full 4-piece bathroom and two additional 2-piece bathrooms. Unit 3: A cozy, yet functional, unit with 1 bdrm plus an additional bedroom and 1 bathroom. Unit 4: A bachelor pad with an additional large mudroom. Its an excellent way to capitalize on the growing demand for smaller, affordable living spaces. Each unit is metered separately for both hydro and gas, which makes it easier for the owner to manage utilities and for tenants to pay for their own consumption. This is a huge selling point for potential renters, as they have greater control over their costs, and it simplifies management for the investor. The large, private yard with mature trees adds further value to the property. The space offers a peaceful retreat for tenants, ideal for outdoor relaxation or hosting gatherings. Additionally, the building has received some updates, including a recently installed metal roof. This is a major advantage, as it minimizes future maintenance costs and gives the property a modern, durable feature .In summary, this fourplex is not just a building, its a property with history, character, and incredible potential.

  • Address 91 Division Street
  • City Cramahe
  • State/county ON
  • Zip/Postal Code K0K 1S0

Details

Updated on April 12, 2025 at 10:56 pm
  • Property ID: HZX12048995
  • Price: $699,900
  • Property Size: 4138 Sqft
  • Garage Size: x x
  • Property Type: Investment, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Northumberland
  • Property Type: Commercial Sale

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