5 Bedroom
3 Bathroom
1100 - 1500 sqft
Radiant Heat
$550,000
INCREDIBLE INVESTMENT OPPORTUNITY! This updated triplex is the perfect cash-flow property to add to your portfolio. Once fully tenanted, it will generate over $50,000 in annual rental income! With projected rents of $1,800 for the main unit, $1,700 for the upper unit, and $1,000 for the lower unit, the total rental income reaches $54,000 per year. At $550,000 with operating expenses of just $10,000 per year, this triplex boasts an impressive 8.00% CAP rate - a fantastic opportunity for investors seeking strong returns! Three Separate Units - Upper Unit (Rented): Spacious 3-bedroom + den, full kitchen, 4-piece bathroom, living room, and private balcony. Main Floor Unit: Bright 2-bedroom layout, full kitchen, living room, and 4-piece bathroom. Lower Unit: Open-concept studio with a full kitchen, living area, and dining space. Separate Entrances & Hydro Meters for each unit, 1 gas Meter. Shared Laundry for tenant convenience. Double-Wide Driveway providing ample parking. Whether you're an investor looking for solid cash flow or an owner-occupant seeking mortgage assistance, this high-potential property is a must-see. Don't miss out schedule a viewing today! (id:35544)
Property Details
MLS® Number
|
X12053122 |
Property Type
|
Multi-family |
Community Name
|
876 - East Village |
EquipmentType
|
Water Heater |
ParkingSpaceTotal
|
4 |
RentalEquipmentType
|
Water Heater |
Building
BathroomTotal
|
3 |
BedroomsAboveGround
|
5 |
BedroomsTotal
|
5 |
Age
|
51 To 99 Years |
Appliances
|
Dishwasher, Dryer, Stove, Washer, Two Refrigerators |
BasementDevelopment
|
Finished |
BasementFeatures
|
Separate Entrance |
BasementType
|
N/a (finished) |
ExteriorFinish
|
Vinyl Siding |
FoundationType
|
Block |
HeatingFuel
|
Natural Gas |
HeatingType
|
Radiant Heat |
StoriesTotal
|
2 |
SizeInterior
|
1100 - 1500 Sqft |
Type
|
Triplex |
UtilityWater
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
SizeDepth
|
66 Ft |
SizeFrontage
|
45 Ft |
SizeIrregular
|
45 X 66 Ft |
SizeTotalText
|
45 X 66 Ft |
ZoningDescription
|
Nc |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Basement |
Foyer |
2.08 m |
3.3231 m |
2.08 m x 3.3231 m |
Basement |
Living Room |
3.24 m |
4.9 m |
3.24 m x 4.9 m |
Basement |
Kitchen |
3.02 m |
3.09 m |
3.02 m x 3.09 m |
Basement |
Dining Room |
3.02 m |
1.43 m |
3.02 m x 1.43 m |
Basement |
Bathroom |
2.69 m |
1 m |
2.69 m x 1 m |
Main Level |
Living Room |
4.06 m |
5 m |
4.06 m x 5 m |
Main Level |
Bedroom |
2.89 m |
2.57 m |
2.89 m x 2.57 m |
Main Level |
Bedroom |
2.89 m |
2.46 m |
2.89 m x 2.46 m |
Main Level |
Kitchen |
4.23 m |
3.49 m |
4.23 m x 3.49 m |
Upper Level |
Bathroom |
1.36 m |
2.75 m |
1.36 m x 2.75 m |
Upper Level |
Kitchen |
2.07 m |
2.9 m |
2.07 m x 2.9 m |
Upper Level |
Den |
2.44 m |
2.85 m |
2.44 m x 2.85 m |
Upper Level |
Bedroom |
2.49 m |
2.51 m |
2.49 m x 2.51 m |
Upper Level |
Bedroom |
2.47 m |
2.51 m |
2.47 m x 2.51 m |
Upper Level |
Primary Bedroom |
2.52 m |
2.85 m |
2.52 m x 2.85 m |
Upper Level |
Living Room |
3.58 m |
3.04 m |
3.58 m x 3.04 m |