Quick Summary
Quick Summary
- Excellent investment property with high annual income
- Oversized triplex on a large L-shaped lot
- All 3 units are fully rented with separate yards
- 2 units recently updated with new systems and finishes
- Ample parking for all units on municipal services
- Potential for additional income on L-shaped lot
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,... Show More
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:54626)
Property Details
Parking
Build
Heating & Cooling
Ownership Details
Ownership
Source
Listing Brokerage
Book A Private Showing
For Sale Nearby
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.