Attention to all Investors. This ideal income-generating triplex is offering over a 6% NET CAP RATE and includes two spacious 3-beds apartments & a 1-bedroom apartment. Located near shopping centers, schools, public transit and access to Airport Park Way. Recent upgrades include a newer roof, newer furnace, finished basement with a new kitchen and bathroom, updated hallway with ceramic flooring, and freshly painted common areas. The property has a generous backyard, ample parking and is situated on a large corner lot. The first 3-bed apartment includes a den, balcony, dishwasher, while the second 3-bed unit features a spacious eat-in kitchen. The 1-bed basement apartment can be expanded into the utility room for additional space. Two apartments are currently rented at $2,000 per/M while the third unit rents for $1,700 per/M. Occupied by excellent tenants, with two on a month-to-month lease. BOOK YOUR SHOWING TODAY! (id:47421)
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Detailed Information
Lot
50 x 100 ft
Amenities Nearby
Public Transit, Recreation Nearby, Shopping
Lease Type
Gross
Listing Contract Date
2024-06-17
Municipal ID
040690495
# of Parking Spaces
3
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RESIDENTIAL
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1960
Construction Style (Attachment)
Attached
Cooling Type
None
Exterior Finish
Brick, Stucco
Flooring Type
Laminate, Ceramic
Heating Fuel
Electric, Natural gas
Heating Type
Baseboard heaters, Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
None
Land
Total Size
50 ft X 100 ft (Irregular Lot)
Amenities
Public Transit, Recreation Nearby, Shopping
Current Use
Development residential
Sewer
Municipal sewage system
Size of Irregular Land
50 ft X 100 ft (Irregular Lot)
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