332 Second Avenue E is a well-maintained triplex that has seen several updates over the years. Whether you're looking to live in one unit and collect rent from the others or just looking for a great investment opportunity, then look no further. This property is centrally located close to all amenities, including shopping, transit, and more. Unit 1 on the main floor has been renovated from the studs and is a large 1-bedroom, 1-bathroom unit with it's own laundry room and is currently renting for $1435 per month inclusive. Unit 2 on the second floor has 2 bedrooms and 1 bathroom with laundry and is currently collecting $1155.69 per month, inclusive. Unit 3 on the top floor has seen many updates and upgrades, boasting a 2 bedroom and 1 bathroom that currently generates $1425 a month, inclusive. This building has been well maintained over the years, with the foundation being reinforced, updated electrical, fire retrofit, and the updated roof in 2020. Gross income is $48,188.28 annually, with lots of opportunity to increase equity and with the separate hydro meters for each unit to minimize your expenses, you don't want to miss out on this opportunity. (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
3
Lot
33 x 132 ft
Listing Contract Date
2025-02-25
Location Description
Cassells & Second Ave
# of Parking Spaces
3
Property Type
Single Family
Structures
Porch
Transaction Type
For sale
Zoning Description
R3
Building
Amenities
Separate Electricity Meters
Appliances
Water Heater, Dryer, Refrigerator, Stove, Washer
Basement Type
Crawl space
Exterior Finish
Vinyl siding
Foundation Type
Stone
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
3
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Utilities
Type
Description
Sewer
Installed
Land
Total Size
33 x 132 FT
Sewer
Sanitary sewer
Size of Irregular Land
33 x 132 FT
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