Investment Property Listing: Non-Conforming Triplex Gem! Property Type: Non-Conforming Triplex Location: 163 Kathleen St. Gross Rental Potential: $55,260/year Property Overview Welcome to a completely updated 3-unit apartment building, offering a tremendous investment opportunity! This non-conforming triplex features private entrances for each unit, situated on a large lot that backs onto a laneway. Features: • Upper Unit: • Newer finishes • Currently leased for $1435 • Main Level Unit: • Spacious 2-bedroom • Fantastic layout with ample natural light -Currently leased for $1940 • Lower Level Unit: • Bright 1-bedroom in-law suite • Recently updated with modern finishes • Self-contained laundry - Currently leased for $1230 Additional Highlights: • Two separate hydro meters for independent utility management. • Beautifully fully fenced private backyard, complete with a removable gate for easy access to the laneway. • Turnkey investment with great tenants in place, showcasing pride of ownership. Location: • Steps away from Brebeuf Street, making it a short walk to parks and grocery stores. • Conveniently located near local amenities for both residents and prospective tenants. Investment Potential The current setup provides an impressive gross rental potential of $55,260/year, making it an ideal opportunity for both seasoned investors and first-time buyers looking for a profitable property. Schedule a Viewing! This triplex shows very well and is ready for its new owner. Don't miss out on this chance to invest in a property with solid returns and great tenants. Act fast—properties like this don’t last long on the market! (id:35544)
| MLS® Number | 40743024 |
| Property Type | Multi-family |
| AmenitiesNearBy | Hospital, Public Transit, Schools, Shopping |
| Features | Crushed Stone Driveway |
| ParkingSpaceTotal | 5 |
| Structure | Porch |
| BathroomTotal | 3 |
| BedroomsTotal | 4 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1940 |
| CoolingType | None |
| ExteriorFinish | Vinyl Siding |
| HeatingFuel | Natural Gas |
| StoriesTotal | 2 |
| SizeInterior | 2100 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Hospital, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 120 Ft |
| SizeFrontage | 50 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2-3 |
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