Discover a prime investment opportunity with FMA Luxury Rentals Ltd. at 1 Jenkins Street. This historic brick building has been meticulously renovated over the past three years, with the main and lower floors completely transformed. The property features three modern units on the main floor, each already demonstrating excellent income potential. Two of these units are equipped with Jacuzzi tubs, while one is fully wheelchair accessible. Situated in a desirable location with stunning harbour views, the property is just a six-minute walk to the ferry terminal, offering seasonal crossings to the USA, and is conveniently close to shopping and dining options, ensuring high tenant demand. The lower floor includes a salon with a private entrance, providing a reliable stream of rental income. With ample room for growth, the unfinished top floor offers the opportunity to add a spacious unit or two smaller units, both with exceptional ocean views. An additional 19? x 22? building on the property provides valuable extra storage space. The blend of modern updates, prime location, and historic charm makes this property a rare find with endless potential for long-term success. Book your private viewing today to explore the possibilities! Listed below Assessment!! Note Power in Salon pays the power but the airbnbs the owner pays the power. List price does not include HST (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Amenities Nearby
Shopping
Community Features
High Traffic Area
Listing Contract Date
2024-09-13
Location Description
Corner of Jenkins Street and Water Street
Municipal ID
90195066
Ownership Type
Freehold
Property Type
Business
Transaction Type
For sale
Views
Ocean view
Business
Business Type
Accommodation, Personal Services, Residential
Business Subtype
Hotel/motel, Hairdressing Salon, Residential
Building
Amenities
Air Conditioning, Laundry Facility, Living Accommodation
Constructed Date
1897
Construction Material
Masonry
Cooling Type
Heat Pump
Fire Protection
Monitored Alarm, Smoke Detectors
Flooring Type
Other
Total Finished Area
2701 sqft
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Parking Space(s)
Paved Yard
Land
Total Size
0.0859 acres
Amenities
Shopping
Disposition Features
Cleared
Size of Irregular Land
0.0859
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