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About the Listing 009701 -
**Investment Property Alert!** This beautifully renovated commercial building in the heart of downtown Bancroft presents a prime opportunity for income generation. Currently operating as a hair salon, the main floor features a 2-piece bathroom, with plumbing available to easily add a second bathroom. Theres also a secondary access point on the main floor behind the wall, enhancing the building's versatility. The second story boasts two well-appointed apartments with a separate entrance: a spacious 3-bedroom apartment and a cozy one-bedroom unit. Both apartments feature modern 3-piece bathrooms, new fixtures, fresh paint, and new laminate flooring, making them attractive rental options. As an added bonus, both apartments are already rented out, ensuring immediate cash flow. Recent updates include a new metal roof installed in 2023 and extensive renovations throughout the property, all completed within the same year. Each unit is on separate hydro and water meters, providing ease of management. There's exciting potential to convert the main floor into two additional rental units, with plumbing already in place for a second bathroom. **Extras:** The current salon operator is open to negotiating a favorable rate to stay on as a tenant, providing added stability for the new owner. Don't miss this fantastic opportunity to invest in a prime downtown location with multiple income streams!
Listing Highlights for 105 Hastings St N
Status
Active
Days on Site
146
Property Type
Commercial Sale
MLS ®
X12086204
Year Built
Total Square Footage
6,577
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: No
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: None
Financial Details
- Tax Amount: $2,855
- Taxes w/Assessments: N/A
- Tax/Property ID: 400730249
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
105 Hastings St N Bancroft, ON K0L 1C0
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