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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 24026768
Originating Board Chatham Kent Association of REALTORS®
Property Description
ATTENTION INVESTORS! EXCELLENT RATE OF RETURN! OVERSIZED TRIPLEX ON A L SHAPED LOT IN MERLIN. All 3 units are fully rented. Gross annual income $42,868.56. All units are very large with two- 2-bedroom units & one-1 bedroom unit. Tenants pay their own hydro & gas. Owner pays water. 2 of the units have been updated in recent years, including furnace & AC, hot water tanks, kitchen, bathrooms, insulation & drywall. Sits on a large corner L shaped lot on a 1/2 acre, with each unit having their own separate yard. On municipal water & city sewer. Ample parking for all units. Opportunities for additional income on the L shaped portion of the lot, such as storage containers. (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling Fully air conditioned
Flooring Carpeted, Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Others
Ownership Freehold
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Listed by ROYAL LEPAGE PEIFER REALTY (DRESDEN)
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