Quick Summary
Quick Summary
- Rare turn-key rental property near GO Station
- Beautifully renovated triplex with separate units
- Reliable 200 amp electrical service
- Fully tenanted with high-quality tenants
- Impressive net annual income of $57,622
- Excellent cash flow with 4.90% cap rate
- Convenient location near Bayfront Park
- Separate laundry facilities in each unit
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and... Show More
Seize this extremely rare opportunity to own a turn-key rental property just a short walk from the GO Station and Bayfront Park. This beautifully renovated triplex boasts three self-contained units, each with dedicated entrances and separate laundry facilities. With a robust 200 amp service, the property promises reliability and efficiency. Currently fully tenanted with A++ tenants, the units generate impressive monthly rental incomes: Unit 1: $2,500 Unit 2: $1,640 Unit 3: $1,750. With a net annual income of $57,622 and an impressive cap rate of 4.90%, this property not only offers excellent cash flow but also peace of mind with quality tenants in place. Dont miss out on this exceptional investment opportunity! (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Kitchen
8′2″ x 9′10″
Bedroom 3
10′11″ x 16′4″
Bathroom
5′6″ x 9′10″
Bedroom 4
14′9″ x 8′9″
Bedroom 5
19′7″ x 7′4″
Bathroom
11′7″ x 4′11″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
- 2,000 - 2,500 Sq. Ft.
- 5
- 3
- 3
- 2
- 700 - 1,100 Sq. Ft.
- 3
- 3
- 700 - 1,100 Sq. Ft.
- 2
- 2
- 5
- 3
- 1,100 - 1,500 Sq. Ft.
- 2
- 2
- 2
- 2
- 3
- 2
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