4 front street east hastings - dns real estate …apartment #6 1 plus heat/hydro mth to mth $ 510...

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4 Front Street East Hastings Phone: 705-749-1602 Toll Free: 1-800-461-6419 Fax: 705-749-1620 Email: [email protected] Jim Parkes Broker of Record 207 Simcoe Street Peterborough ON K9H 2H6 GREAT INVESTMENT OPPORTUNITY with projected Net Income of approximately $53,000 for this combination Commercial and Multi Residential building. With four commercial units and six residential apartments this three story building is conveniently at the center of Hastings. Includes a large sun deck overlooking the waterway leading into the Trent River. Please allow a minimum of 48 hours for showings. MLS # 160028 C1 Zoning 4 Commercial Units 6 Residential Units Municipal Services Partial Sprinkler Brick/Stone exterior Tar & Gravel Roof Rear Deck Taxes: $5,830 / 2019 $565,000 All data subject to Errors, Omissions or Revisions and is not warranted.

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Page 1: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

GREAT INVESTMENT OPPORTUNITY with projected Net Income of approximately $53,000

for this combination Commercial and Multi Residential building. With four commercial units

and six residential apartments this three story building is conveniently at the center of Hastings.

Includes a large sun deck overlooking the waterway leading into the Trent River. Please allow a

minimum of 48 hours for showings.

MLS # 160028

C1 Zoning

4 Commercial Units

6 Residential Units

Municipal Services

Partial Sprinkler

Brick/Stone exterior

Tar & Gravel Roof

Rear Deck

Taxes: $5,830 / 2019

$565,000

All data subject to Errors, Omissions or Revisions and is not warranted.

Page 2: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

Page 3: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

4 Front Street East Hastings

Tenant Bedrooms Utilities Term Monthly $$ Apartment #1 2 plus heat/hydro Mth to Mth $ 1,100 Apartment #2 2 plus heat/hydro Mth to Mth $ 1,000 Apartment #3 1 plus heat/hydro Mth to Mth $ 410 Apartment #4 1 plus heat/hydro Mth to Mth $ 750 Apartment #5 1 plus heat/hydro Mth to Mth $ 550

Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth

Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease Pending $ 1,000 Commercial #2 Lawst Collectibles Utilities Included Mth to Mth $ 250

Commercial #3/#4 Single Stitch Nov/19 Utilities Included 3 Yr Lease $ 700

Commercial #5 Vacant Utilities Included *Estimated $ 200

Total Monthly Rent $ 6,470

Total Annual Gross Rents $ 77,640

Expenses Caretaker, Building Manager $ 4,800 Insurance $ 3,479 Maintenance (Estimated) $ 2,500 Property Taxes $ 5,830

Utilities - electric , water $ 7,200

Total Expenses $ 23,809

Net Operating Income (projected) $ 53,831

Buyer to confirm all Financial Information

Page 4: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

4 Front Street East Hastings

Page 5: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

4 Front Street East Hastings

Page 6: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

4 Front Street East Hastings

Page 7: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

4 Front Street East Hastings

Page 8: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

4 Front Street East Hastings

Page 9: 4 Front Street East Hastings - DNS Real Estate …Apartment #6 1 plus heat/hydro Mth to Mth $ 510 Mth to Mth Commercial #1 Leased Dec/19 Utilities Included 2 Yr Lease $ 1,000 Commercial

4 Front Street East Hastings

Phone: 705-749-1602 Toll Free: 1-800-461-6419

Fax: 705-749-1620 Email: [email protected]

Jim Parkes Broker of Record

207 Simcoe Street Peterborough ON K9H 2H6

4 Front Street East Hastings