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$ 659,000
Est. payment | /mo
4 Beds
3 Baths
1,660 SqFt
$ 659,000
Est. payment | /mo
4 Beds
3 Baths
1,660 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,660 sqft
Price per Sqft $396
Subdivision 450 - E. Chester
MLS® Listing ID 40639483
Bedrooms 4
Originating Board Niagara Association of REALTORS®
Property Description
Fully Rented, High-Return Legal Triplex – The Perfect Investment to Grow Your Portfolio 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 today’s 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! (id:24570)
Location
Province ON
Interior
Cooling Ductless, Wall unit
Exterior
Garage No
Community Features Quiet Area
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold