Property Information:
Legal and conforming triplex offering an excellent investment opportunity in a desirable New Liskeard location. Current rental income is $2,950/month from two occupied units, with the vacant lower-level apartment providing immediate rental potential estimated at approximately $1,100/month, for a total potential gross income of approximately $4,050/month ($48,600 annually). Main floor 2-bedroom apartment rents for $1,450/month all inclusive. Upper 3-bedroom apartment rents for $1,500/month all inclusive. Owner pays all utilities. 2025 expenses: Taxes $5,880, Insurance $2,200, Hydro $1,800, Gas $1,960, Reliance $350, Snow Removal $800. Recent improvements include new flooring in Apartments #2 and #3 (approximately $14,000) and washer/dryer hookups in Apartments #1 and #3. Existing tenants are on one-year leases. Basement apartment is vacant, offering immediate occupancy for an owner or the opportunity to establish current market rent. Please allow sufficient notice for tenant-occupied units. (id:27)
Building Features:
-
Style:
Multiplex
-
Building Type:
Triplex
-
Basement Type:
N/A
-
Exterior Finish:
Asbestos, Wood
-
Floor Space:
2000 - 2500 sqft
-
Foundation Type:
Concrete
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Cooling Type:
None