Cross Streets: Main ST/Queen ST. ** Directions: Yellow Brick Building on MAIN ST SOUTH, there is also a main St North with the same House number. Affordable Investment Opportunity in Elmwood!Welcome to 6 Main Street South, a versatile mixed-use building offering exceptional value for investors, first-time buyers, or anyone looking to offset their mortgage with rental income. Properties at this price point are increasingly hard to find-making this a rare chance to secure a multi-unit building for under $300,000.This property features a street-level commercial office space with excellent exposure, plus two residential apartments: one, 1-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit which includes a finished basement. Whether you're looking to operate your own business on-site, rent out all units for income, or live in one apartment while renting the other, the flexibility here is unmatched. With multiple income streams and a manageable footprint, this building has the potential to generate strong returns in a growing community.Located in the heart of Elmwood, you're within walking distance to local amenities, parks, and services, making the residential units desirable for tenants. With the right finishing touches, this property can become a stable long-term asset in your portfolio or an affordable entry into property ownership. (id:27476)
