This well-maintained triplex offers a fantastic investment opportunity or a chance to live in one unit while generating income from the others. Centrally located with easy access to shopping, bus routes, and other amenities, this property is a must-see! Apt. 1 is a 2 bedroom, 2 bath is vacant. Unit is ideal for new tenants or as a personal residence. Apt. 2 is a 1 bedroom plus den renting at 1429 per month and Apt. 3 is a 1 bedroom renting at 922 per month. All rents are inclusive. The tenants are amazing and the remaining tenants want to stay. The building has been well cared for and all units are spacious and updated. There is also tenant parking and laundry in each unit. CCTV cameras are in operation to help ensure the safety and security of all individuals and the premises. Gross income is $50,280 annually with expenses for previous year at $17,837.00. These numbers on based on unit 1's previous tenants that left at the end of January and rented for 1839.00 inclusive. Please note that this property is zoned C2, allowing for the potential to incorporate a commercial aspect into the building. This zoning provides flexibility for various business or commercial uses, in addition to its residential capabilities. Whether you're a seasoned investor or a first-time buyer, this triplex offers an excellent chance to secure steady rental income in a prime location. (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
4
Lot
42 x 91.5 ft
Amenities Nearby
Place of Worship, Public Transit, Schools
Community Features
School Bus
Equipment
Water Heater
Listing Contract Date
2025-02-21
Location Description
Fraser and Worthington West
# of Parking Spaces
3
Property Type
Single Family
Rental Equipment
Water Heater
Structures
Deck
Transaction Type
For sale
Waterfront Type
Waterfront
Zoning Description
C2
Building
Appliances
Water Heater, Dryer, Refrigerator, Stove, Washer
Basement Type
Full
Exterior Finish
Vinyl siding, Brick
Fire Protection
Monitored Alarm
Foundation Type
Stone
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Radiant heat
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Utilities
Type
Description
Cable
Installed
Sewer
Installed
Land
Total Size
42 x 91.5 FT
Amenities
Place of Worship, Public Transit, Schools
Sewer
Sanitary sewer
Size of Irregular Land
42 x 91.5 FT
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