136 KING Street

A Rare Live-In Investment Opportunity with Three Separate Units 136 King Street offers something you do not often find in downtown Delhi: the opportunity to live comfortably in a beautifully renovated home while two additional units help generate income and offset the cost of ownership. The property features three separate spaces, including a spacious three-bedroom upper residence, a one-bedroom main-floor apartment, and an approximately 600 sq. ft. street-facing commercial unit that is currently leased. For an owner-occupier or first-time buyer, this creates a compelling setup. Live in the larger residential unit and benefit from income generated by the additional apartment and commercial storefront. For an investor, the property offers multiple income streams within one freehold building, along with the flexibility to select future residential tenants. Both residential units are currently vacant, giving the purchaser the ability to choose how the property works for them from day one. The interiors have been thoughtfully renovated, while separate entrances provide privacy and functionality for each unit. Each unit also includes additional storage space, adding another practical benefit for residents, tenants, and the commercial occupant. The property also includes on-site parking, separate mechanical systems, and a central downtown location close to shops, restaurants, services and everyday amenities. Whether you are looking to reduce your monthly housing costs, create a live-and-invest opportunity, or add a versatile mixed-use property to your portfolio, 136 King Street deserves a closer look. Three separate units. Two additional income opportunities. One property with a very different path to home ownership. (id:67197)

Price

$629,000

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

4

Bathrooms

2

MLS® Number

40860604

Interior Size

2302 sqft

Ownership Type

Freehold

Building Type

Duplex

Bathrooms

2

Basement

Full (Unfinished)

Basement Development

Unfinished

Cooling

Central air conditioning

Exterior Finish

Brick, Vinyl siding

Fireplace

No

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

2302 sqft

Stories

2

Water

Municipal water

Size Frontage

32 ft

Size Depth

164 ft

Acreage

No

Sewer

Municipal sewage system

Ownership Type

Freehold