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Investment Opportunity - 4 year old purpose built Triplex - fully rented with great mature tenants. This is a complete ground up build which also included new septic system / drilled well and hydro services coming into the property. This site is just under 2 acres (1.97) and has room for future growth. High quality tenants that take great care of the place and all get along. Room for future rent upside. (3) 2 bedroom units with in-suite laundry & fridge & stove all owned by landlord. R4 High Density Residential Zone (8+ units) will allow for future development on this site. Current NOI of $30,000 annual includes snow removal / repairs & maintenance / lawn care / septic pumpout. Current rents $1,375 inclusive / $1,275 + Hydro / $1,175 inclusive. There will be an opportunity to increase rents over time with turn over. Expenses: Property Taxes $5,500 / Insurance $4,740 / Hydro $3,797 / Snow $974 / Septic $350 / R & M $170 / Lawn $300. (id:24093)
Listed by SOHAIL ROUHANI of RE/MAX Legend Real Estate Inc.,Brokerage (138)

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"Based on information submitted to CREA as of December 8, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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