Welcome to 460 Myles, an incredible investment opportunity featuring three spacious 1-bedroom units and a 9.5% cap rate. Each unit offers comfortable living spaces with the potential for updates and improvements, making it ideal for investors or those looking to generate rental income. This property has tons of potential for forced value appreciation with the right vision. Whether you choose to update the units for higher rental yields or keep them as-is for steady income, this triplex is an excellent addition to your portfolio. With each unit offering a one-bedroom layout, there is great appeal for singles, couples, or retirees looking for a cozy home in a quiet neighbourhood. Plus, with limited multi-unit properties in the area, there's always strong rental demand. (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
Equipment
Water Heater
Ownership Type
Freehold
Property Type
Multi-family
Rental Equipment
Water Heater
Storage
Storage Shed
Transaction Type
For sale
Zoning Description
R2-3
Building
Basement Type
Full
Heating Type
Other
Roof Material
Asphalt shingle
Roof Style
Unknown
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Shared
Land
Total Size
under 1/2 acre
Access Type
Year-round access
Sewer
Municipal sewage system
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