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$659,000
Status: For Sale
Fully Rented, High-Return Legal Triplex The Perfect Investment to Grow Your Porfolio! 6% Cap Rate Strong profitability, fully leased Positive Cash Flow Over $1,000 + in monthly returns! Turn-Key Property Start earning from Day One. This fully rented, newly renovated legal triplex is the ideal investment for those seeking high-yield returns with minimal effort. Each unit has been upgraded with care and modernized under permit for a smooth, worry-free transition. Perfectly located near daycares, schools, and a short walk to transit, this property appeals to a wide range of tenants and provides unmatched convenience. Here's what each unit offers: Cozy and thoughtfully designed, Outfitted with sleek, energy-efficient appliances, Stylish finishes for a modern touch. Each unit has been finished with fresh paint, modern trim, upgraded flooring, and new windows. Individual ductless heating and cooling systems enhance year-round comfort and appeal to todays energy-conscious renters. For savvy investors, a detailed proforma with actual income and expenses is available, showcasing this property's exceptional cash flow. With parking on-site and a prime location, this is a rare, income-generating asset you don't want to miss. Take the next step toward expanding your profitable real estate portfolio today!
| Property Type | :Residential |
|---|---|
| MLS Number | :X9367166 |
| Listing Type | :Sale |
| Property Age | :51-99 years |
| Possession Date | : |
| Last Updated | :04 Nov, 2024 (15 Hours ago) |
| Source | :TRREB |
| Area | :Niagara |
|---|---|
| Postal Code | :
L2R 4A9
|
| Price | : $659,000 |
|---|---|
| Property Taxes | :$4300.00 |
| Tax Year | :2023 |
|---|
| Bedrooms | :4 + |
|---|---|
| No. of Rooms | :13 |
| Air Conditioning | :Wall Unit |
| Heating | :Other |
| Place of Worship | :No |
| Cross Street | :Welland Ave to Page St |
| Bathrooms | :3 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :1500-2000 sqft |
| Exterior Finish | :Vinyl Siding |
|---|---|
| Parking Space | :3 |
| Basement | :Crawl Space |
| Garage | :None |
|---|
25 Sep, 2024
TREB #X9367166
Listed
$659000.0
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