Attention Investors! Great opportunity to add this triplex to your investment portfolio! Featuring three separate rental units, including a 2-bedroom apartment currently rented for $1,357/month, a 1-bedroom plus den rented for $1,221/month, and a bachelor apartment rented for $950/month, generating a combined rental income of $3,528 per month.The two front units feature stainless steel fridges and stoves, along with private access to washer and dryer facilities in the basement. The rear bachelor unit offers a separate living space without laundry. The property is equipped with separate hydro and gas meters for all 3 units, as well as two water meters. This property offers an excellent opportunity for investors looking to build equity and increase rental potential. While some cosmetic updates would enhance the property, it offers a solid foundation with existing rental income and plenty of room for improvement. A great opportunity to add value and maximize your investment! (id:13843)
| MLS # | X14114786 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 14 |
| Listing Provided By | Century 21 Heritage House Ltd Brokerage | Tovah Hommes |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Basement | Y |
| Zoning | R2 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Refrigerator, Water meter, Stove, Dryer, Two Washers, Water Heater |
| Fireplace Yes / No | No |
| Foundation Details | Block, Poured Concrete |
|---|
| Parking Features | No Garage |
|---|---|
| Parking Total | 2 |
| Utilities | Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 3012 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Woodstock (Woodstock - North) |
| Postal Code | N4S5Y8 |
| Listing VS Median (in N4S5Y8) | |
Price: $485,000 low | high Med: $485,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $323 low | high Med: $323 On site: 14 low | high Med: 14 | |
| Province | ON |
|---|---|
| City | Woodstock (Woodstock - North) |
| Postal Code | N4S5Y8 |
| Listing VS Median (in N4S5Y8) | |
Price: $485,000 low | high Med: $485,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $323 low | high Med: $323 On site: 14 low | high Med: 14 | |