Quick Summary
Quick Summary
- Turnkey triplex in small town with rental shortage
- Excellent 4.7% cap rate with $49,680 gross yearly
- Huge main floor + basement 2-bedroom unit with bills included
- Spacious upper 1-bedroom unit with long-term tenant
- Fully renovated upper 2-bedroom unit with bills included
- New furnace (2022) and roof (2019 steel, 2023 flat)
- Fantastic tenants with ample parking at the back
- Stable small town with excellent tenants waiting
TURNKEY TRIPLEX IN SMALL TOWN with rental apartment shortage. If you are looking for a great property bringing in a Gross Yearly of $49,680 ($4,140 monthly) you found it! #1 HUGE Main floor + basement unit 2 bedroom $1850 bills included, #2 SPACIOUS Upper unit 1 bedroom $640 plus 30% bills (excellent long term tenant), #3 Fully Renovated... Show More
TURNKEY TRIPLEX IN SMALL TOWN with rental apartment shortage. If you are looking for a great property bringing in a Gross Yearly of $49,680 ($4,140 monthly) you found it! #1 HUGE Main floor + basement unit 2 bedroom $1850 bills included, #2 SPACIOUS Upper unit 1 bedroom $640 plus 30% bills (excellent long term tenant), #3 Fully Renovated with Permit - Upper unit 2 bedroom $1650 bills included. This is a well kept property offering low cap ex with new furnace(2022), roof(2019 steel, 2023 flat) and fully renovated upper unit with great layout. All tenants are fantastic and ample parking at the back. If you are curious about investments OR want a retirement fund in a stable little town with excellent tenants waiting in the wings, this may be your opportunity! (id:54626)
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