INCOME PROPERTY or Dream Home Available... Strong cash-flow opportunity in Saint-Ignace on 1.93 acres with a fully tenanted triplex offering multiple income streams. Property features 3 rental units, all with separate meters as well as an attached garage which could be rented out, or even converted into another unit for further income and appreciation. Unit Mix: Unit 1 2 bed, 1 bath (2nd floor) Unit 2 1 bed, 2 bath + office, attached garage, attic storage Unit 3 1 bed, 1.5 bath on main floor with in-law suite potential to Unit 2 Each unit has its own mini-split heat pump (installed 2019). Units 2 & 3 have basement access. Property includes two baby barns, a storage shed, private gravel parking, and year-round municipal road access. Landscaped lot with space and flexibility rarely found in small multi-family assets. Construction features vinyl exterior, metal roof, stone/rock foundation 2ft thick, mix of hardwood, porcelain, softwood, and vinyl flooring. Heating is electric baseboard with ductless heat pumps. Septic system in place. Located in the Ricchiucto area of Kent County, this is a stable, income-producing asset with strong tenant occupancy already in place. 24-hour notice required for showings. Financials available in supplements. Ideal for investors seeking cash flow with upside. (id:47421)
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Detailed Information
Location Description
Take the Saint Louis Exit off highway 11 and head in to Saint Ignace. Property will be on the right hand side set back from the road.
Municipal ID
25010695
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Building
Appliances
Refrigerator, Stove
Cooling Type
Heat Pump
Exterior Finish
Vinyl
Flooring Type
Vinyl
Foundation Type
Stone
Heating Fuel
Wood
Heating Type
Baseboard heaters, Heat Pump, Stove
Total Finished Area
1900 sqft
Type
Triplex
Utility Water
Drilled Well
Land
Total Size
1.93 acres
Acreage
Yes
Sewer
Septic System
Size of Irregular Land
1.93
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