Excellent investment opportunity with this well-maintained legal triplex featuring three spacious 2-bedroom units. Each unit offers very large bedrooms and a private, separate entrance. Beautifully upgraded throughout, the property has been consistently cared for and clearly shows pride of ownership. The building generates strong income with gross rents of $4,343 per month, including revenue from coin-operated laundry. Tenants pay their own hydro and water, helping keep operating expenses low. Additional highlights include six on-site parking spaces, a highly desirable amenity for tenants .Recent upgrades include new wiring throughout, new insulation in the roof, all walls, and basement, a new asphalt roof, and replacement of the main sewer line .An ideal opportunity for investors or owner-occupiers seeking a turnkey, income-producing property. (id:52373)
| MLS® Number | X12688398 |
| Property Type | Multi-family |
| Community Name | St. Thomas |
| Parking Space Total | 6 |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 120 Ft |
| Size Frontage | 52 Ft ,9 In |
| Size Irregular | 52.8 X 120 Ft |
| Size Total Text | 52.8 X 120 Ft |
| Zoning Description | R3 |
https://www.realtor.ca/real-estate/29242060/47-forest-avenue-st-thomas-st-thomas
Contact us for more information
Mike Farhat
Salesperson
(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/
Alex Farhat
Salesperson
(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/
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