6
$712,000 Sale
Listed 15 hours ago
21 Coldwater Road E/s Road
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Listing History
Buy/Sell/Terminated/Expired listing history for 21 Coldwater Road E/s Road
Key Facts
Key facts for 21 Coldwater Road E/s Road
Property Type
Commercial
Parking
None
MLS #
S12496658
Size
-
Basement
-
Listed on
2025-10-30
Lot size
27 x 0.0
Tax
$3,767 /yr
Days on Market
2
Approximate Age
-
Maintenance Fee
-
Description
Well-located 8-unit mixed-use asset in the heart of downtown Coldwater, featuring 6 residential units and 2 highly established commercial tenants. With a 60% gap to market rents, this property offers strong long-term upside alongside an attractive entry cap rate of 6.5% and priced at only $89,000 pe...r unit. All utilities are separately metered, with some tenants paying their own heat and hydro. Seller open to offering a potential first-position VTB, providing attractive financing flexibility for qualified buyers. Capital items are in good condition, including a 10-year-old roof and newer hot water tanks. This asset is part of a larger portfolio totalling 28 additional residential and commercial units, all situated on the same block, offering an excellent opportunity to acquire scale in a growing, high-demand small-town market.
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Courtesy of: EXP REALTY