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13-21 Queen Street North Tilbury, ON

$1,195,000
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PROPERTY INFO

Appraised at $1,569,000! If you’re an investor seeking strong fundamentals, creative financing & massive upside potential, you’ve found it w/ this 10 unit mixed-use (6 Res/ 4 Comm) bldg in downtown Tilbury that has the opportunity to become 14+ units. Major updates include flat roof (23), facade masonry overhaul (24), several renovated units, exterior stairs & decking, along with preparatory demo for additional units yet to be created. The 4 commercial units benefit from walk by traffic, street parking & a municipally maintained rear lot. The largest commercial unit offers an opportunity for residential conversion at the rear (draft plans available) along with a large storefront featuring high ceilings & reclaimed brick. The apartments are always in demand, with one currently being renovated & another partially demolished in preparation for splitting into two. Contact LA for complete details about residential conversion opportunities, creative lending options & appraisal. (id:4555)

PROPERTY SPECS

Listing ID 24027575
Address 13-21 Queen STREET North
City Tilbury, ON
Price $1,195,000
Flooring Concrete, Cushion/Lino/Vinyl, Laminate
Land Size 73X191
Type House
Status For sale

EXTENDED FEATURES

Ownership FreeholdCooling Air ConditionedFire Protection Smoke DetectorsHeating Forced air, FurnaceHeating Fuel Natural gas Date Listed 2024-11-29 19:01:53Days on Market 22
LISTING OFFICE:
Remax Capital Diamond Realty , Matt Biggley, BA, BEd



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Listing Agent:  Matt Biggley, BA, BEd

Listing Agency:  Remax Capital Diamond Realty




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