$625,000 FOR SALE

Multiplex

Bedrooms: 5Lot: 45 x 131.17 ft

219 Talbot Street E
Aylmer, ON N5H 1H6

TURNKEY TRIPLEX IN SMALL TOWN with rental apartment shortage. If you are looking for a great property with a cap rate of 4.7% as listed, 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:47423)

Share

Listed By JANZEN-TENK REALTY INC.
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X8240688
Last Updated Oct 09, 2024
Property Summary
Property Type Multiplex

More like this:
Use Apartments
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 5
Lot 45 x 131.17 ft
Listing Contract Date 2024-02-20
Location Description EAST ON TALBOT ST E FROM JOHN ST (HWY 73). HOUSE IS ON THE NORTH.
# of Parking Spaces 5
Property Type Multi-family
Transaction Type For sale
Zoning Description RO
Business
Business Type Residential
Business Subtype Apartments
Building
Appliances Dryer, Refrigerator, Stove, Washer
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Size (Exterior) 2551.12 square feet
Type Multi-Family
Utility Water Municipal water
Land
Total Size Bldg=45 x 131.21 FT
Size of Irregular Land Bldg=45 x 131.21 FT
External Links

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.