$440,000
159 MAIN Street
Beds
—
Baths
—
Sqft
1,920
Year
—
About this home
Fantastic investment and ownership opportunity in the heart of Delhi! This multipurpose property offers both commercial and residential space, making it ideal for business owners, investors, or those seeking a live/work lifestyle. The main floor is currently set up as a popular sandwich shop, providing excellent street visibility and steady foot traffic. Upstairs, you’ll find a spacious residential unit that can serve as owner-occupied living space or generate rental income. Conveniently located near downtown amenities, schools, and shopping, this building combines functionality with potential. Whether you’re looking to expand your business portfolio, start your own venture, or enjoy the benefit of rental income, this property is ready to deliver. (id:65958)
- Subtype
- Other
- MLS#
- 40766362
- Area
- DELHI
Cash on cash
-9.70%
Cap rate
3.95%
GRM
15.3
Break-even rent
$3,149
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.