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12 GOSHEN STREET Tillsonburg
  • 12 GOSHEN STREET Tillsonburg
  • 12 GOSHEN STREET Tillsonburg

12 GOSHEN STREET, Tillsonburg, Ontario

$865,000

  • 6,000 Square Feet

8% CAP. Profitable Established. 10 Units. Used Car Lot 0.25 acre. 8 bachelor/studio units, private entrance & bath for each.100% occupancy for 10 consecutive years. 2 additional units rented as storage/workshop. 0.67 acre lot, oversized parking lot. Building newly built 15 years ago after original building burnt down. 6,000 sf on two levels. It's a fortress, built with concrete slab lower level & upper level. Block foundation, block walls separating units, brick exterior. Originally a motel for first 15 years, last 10 years operated as a long term rental. Virtually no change from when it was a motel, there are no kitchens in the units. No appliances to repair/clean/replace = lower maintenance/utility expense. Complete new roof installed in 2015.New fire alarm panel, battery, smoke/heat detectors in September 2024. 2 new water heaters in November 2024.Property serviced by municipal water, sewer, electric heat.Zoned SC-11 Service Commercial Oxford County. Bus stop - 3 minute walk. Tenants are prepared to stay with new ownership & on month to month lease if new owner prefers vacant possession. Walmart Super Store 2.0 KM. Grocery Stores 2.5 KM. Hospital 3.0 KM. Banks, Restaurants, Doctors, etc 5.0 KM. (id:50212)

  • Listing ID: X12414224
  • Property Type: Multi-family
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Details

  • Features: Irregular lot size
  • Transaction: For sale
  • Zoning Description: SC-11 Service Commercial Oxford County

Building

  • Fireplace Present: False
  • Heating: Baseboard heaters
  • Size Interior: 6000 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 12 GOSHEN STREET in Tillsonburg Ontario. It was last modified on September 19th, 2025. Contact Barbara Higgins to schedule a viewing or to discover other Tillsonburg real estate for sale.

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