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. Don’t miss out on this exceptional investment opportunity! (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
2
Lot
50 x 109 ft
Amenities Nearby
Marina, Park, Public Transit
Features
Sump Pump
Listing Contract Date
2024-07-15
Location Description
York Blvd & Crooks St.
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
D
Building
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Aluminum siding, Brick
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Amenities
Marina, Park, Public Transit
Sewer
Municipal sewage system
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