TRIPLEX~ Great Opportunity for Investors~ Potential to add FOURTH UNIT (Ask about the Town of Collingwood Increase Density Opportunities)! ANNUAL RENTAL INCOME~$61 800/ $5,150 per month AND Tenants pay all utilities as well as snow removal! This well maintained triplex with 3 self contained units each having 2 Bedrooms and a 4 pc bath (separately metered) is in a fabulous location and situated on an extremely large lot~ 97 X 133 Ft. Endless Possibilities with Potential for Development~ Sever and Build 2 Homes on Newly Created Lots, Live in One Unit and Rent the Other Two, Continue to Use Strictly as an Investment Property, Convert to Single Family Residence or a Beautiful Lot to Build your Dream Home! This Property has had Many Upgrades Including~ Metal Roof, Asphalt Roof ( Apartment 3), Some Newer Windows, Some Newer Vinyl Siding Replaced and Windows Capped, Upgraded Electrical~ Breakers for 2 Units, Flooring, Newer Appliances/ 3 Hot Water Heaters (Includes all Appliances and Hot Water Heaters Owned) and Designer Paint throughout. A++ tenants! Looking to get into the investment market? The rental market continues to be very strong in desirable Collingwood. Look no further~ this is the one! Walking Distance to Historic Downtown, Restaurants, Theatres, Shopping, Sparkling Waters of Georgian Bay and all that Collingwood has to Offer. Short Drive to Blue Mountain Village, Thornbury and The Longest Freshwater Beach in the World! (id:47423)
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
6
Bathrooms
3
Lot
97 x 133 ft
Amenities Nearby
Golf Nearby, Marina, Public Transit
Features
Southern exposure, Paved driveway
Listing Contract Date
2024-09-30
Location Description
SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.
Ownership Type
Freehold
# of Parking Spaces
9
Property Type
Multi-family
Structures
Shed
Transaction Type
For sale
Zoning Description
R2
Building
Basement Development
Unfinished
Basement Type
Crawl space (Unfinished)
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Stone
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Visitor Parking
Land
Total Size
under 1/2 acre
Amenities
Golf Nearby, Marina, Public Transit
Sewer
Municipal sewage system
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