Income-Generating Triplex in Iroquois. Great Investment Opportunity! Attention investors! This soon to be fully tenanted triplex in Iroquois offers steady rental income with room for growth. Featuring three self-contained units, this property includes two main-floor apartments and one upper-level unit, all with separate utility billing for tenant-covered expenses. Unit Breakdown: Main Floor 1 Bed, 1 Bath | Recently renovated, currently advertised for $1,100/month. Main Floor 2 Bed, 1 Bath | Long-term tenant paying $400/month. Upper Level 2 Bed, 1 Bath | Long-term tenant paying $650/monthThis property boasts low-maintenance features, including vinyl and hardwood flooring, a high-efficiency natural gas furnace (2013), electric baseboard heaters in each unit, and a steel roof (2013). Other upgrades include new vinyl windows (2010-2013), ensuring improved energy efficiency. Enjoy ample parking, a spacious yard, and a double garage great for storage or additional rental potential. One long-term tenant manages lawn care and snow removal, reducing maintenance costs. While the siding could use some attention, the soffits and fascia are in good condition. Conveniently located in Iroquois, this property is a great opportunity for investors looking for a mix of stable long-term tenants and upside rental potential. Contact your realtor or myself for more details or to schedule a private viewing! (Interior pics are of recently updated Unit B, main floor 1-bedroom) (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
5
Bathrooms
4
Lot
70 x 150 ft
Listing Contract Date
2025-02-20
Location Description
Church Ave, Bay St
# of Parking Spaces
7
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R2 , legal non-conforming triplex
Building
Amenities
Separate Electricity Meters, Separate Heating Controls
Appliances
Refrigerator, Stove, Water Heater
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Exterior Finish
Hardboard
Foundation Type
Poured Concrete, Stone
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Garage
Land
Total Size
70 x 150 FT | under 1/2 acre
Sewer
Sanitary sewer
Size of Irregular Land
70 x 150 FT
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