$485,000
About this Multi-Family Commercial
Attention Investors! Great opportunity to add this triplex to your investment portfolio! Featuring three separate rental units, including a 2-bedroom apartment currently rented for $1,357/month, a 1-bedroom plus den rented for $1,221/month, and a bachelor apartment rented for $950/month, generating a combined rental income of $3,528 per month.The two front units feature stainless steel fridges and stoves, along with private access to washer and dryer facilities in the basement. The rear bachelor unit offers a separate living space without laundry. The property is equipped with separate hydro and gas meters for all 3 units, as well as two water meters. This property offers an excellent opportunity for investors looking to build equity and increase rental potential. While some cosmetic updates would enhance the property, it offers a solid foundation with existing rental income and plenty of room for improvement. A great opportunity to add value and maximize your investment! (id:14735)
More About The Location
Cross Streets: Hunter and Givins Street. ** Directions: From Dundas St go North on Givins St, on left past Hunter St.
Listed by Century 21 Heritage House Ltd Brokerage.
Brought to you by your friendly REALTORS® through the MLS® System and TDREB (Tillsonburg District Real Estate Board), courtesy of Brixwork for your convenience.
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Features
- Type: Multi-Family Commercial
- Size: 1,500 sqft
- $/SQFT: $323.33
Rooms and Dimensions
- Living room: 3.75 m x 3.2 m
- Bedroom: 3.17 m x 2.43 m
- Bathroom: 1.6 m x 2.61 m
- Kitchen: 3.4 m x 3.02 m
- Bedroom: 2.69 m x 3.17 m
- Kitchen: 3.4 m x 3.02 m