Property Information:
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,300, Unit 2: $1,900, and Unit 3: $1,750. With a gross annual income of $71,400 and an impressive cap rate of 5.95%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Don't miss out on this exceptional investment opportunity! (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Architectural Style:
Multi-level
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Basement Development:
Finished
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Basement Type:
Full
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Construction Style - Attachment:
Detached
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Construction Style - Split Level:
Split level
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Exterior Finish:
Aluminum siding, Brick
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Floor Space:
1747 sqft
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Foundation Type:
Block
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning