Office: 705-268-2129 realtynetworks@hotmail.com

Property Details

179 4th Ave, Cochrane Ontario, P0L1C0

179 4th Ave, Cochrane Ontario
Representative
NATHAN BOULET portrait
NATHAN BOULET
Salesperson
REALTY NETWORKS INC., BROKERAGE
Tel: (705) 507-2994
Website

$298,600 - For sale

MLS®:TM172179

Profitable bar & hotel in Cochrane,On. 2 spacious apartments. One is a 3-bdrm that is currently rented for $750/mth all-inclusive. The other is a 2-bdrm main floor w/ high ceilings. Apartment would be perfect for an owner/operator or for your manager. 10 rooms upstairs alone have a gross potential income of $44,700. Most rooms rented for $400/mth (1-@$275, 1-@$300, 1-@$350). Property has been well maintained over the years. 2 years of un-audited financials are available to qualified buyers (2014 & 2015). Over $350,000 in sales from the bar in 2015 without counting the rental income. There is a 9'x9' stage for the bands in the bar & a 96' inch projection TV. All audio equipment included in the sale. South side of shingles replaced in 2015. Could add food services to boost income. MOVE-IN, POUR YOURSELF A DRINK AND START MAKING MONEY!!!

Property Details
  • Property Type:Multi-family
  • Lot Size:66' x 132'
  • Acreage:66' x 132'|under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
Structure Details
  • Structure Style:Multi-Family
  • Square Footage:4500
  • Heating Type:Boiler
Representative
NATHAN BOULET portrait
NATHAN BOULET
Salesperson
REALTY NETWORKS INC., BROKERAGE
Tel: (705) 507-2994
Website
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Listing Office: REALTY NETWORKS INC., BROKERAGE

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