Property Specs:
Price$399,900.00
CityMerlin, ON
Address23-27 WILLIAM STREET
Listing ID24026768
ConstructionAluminum/Vinyl
FlooringCarpeted, Laminate
ParkingOther
Land Size118 X IRREG.
TypeTriplex
StatusFor sale
Extended Features:
Ownership FreeholdCooling Fully air conditionedFoundation BlockHeating Forced airHeating Fuel Natural gas
Details:
ATTENTION INVESTORS! EXCELLENT RATE OF RETURN! OVERSIZED TRIPLEX ON A L SHAPED LOT IN MERLIN. All 3 units are fully rented. Gross annual income $42,868.56. All units are very large with two- 2-bedroom units & one-1 bedroom unit. Tenants pay their own hydro & gas. Owner pays water. 2 of the units have been updated in recent years, including furnace & AC, hot water tanks, kitchen, bathrooms, insulation & drywall. Sits on a large corner L shaped lot on a 1/2 acre, with each unit having their own separate yard. On municipal water & city sewer. Ample parking for all units. Opportunities for additional income on the L shaped portion of the lot, such as storage containers. (id:4555)