Presented by: COMFREE
Property Description
Huge lot! This perfect Hintonburg location tri-plex investment and development property. $107,000 gross income, ~$87000 net. Strong ~5.2% cap rate. Unlike other buildings all the major interior/exterior updates and utility replacement expenses ($350k) have been completed in last few years ! Rear build zone is ~75x50ft. Enjoy an updated, excellent cash flow property to keep it while you plan the expansion. Currently the building has 6 parking spots. All 3 units have their own private outdoor patios! Garage has 3 units - 1 double - 1single and man door storage. (id:7434)
Interior Features
Bedrooms
Bedrooms5+1
Other Interior Features
Basement TypeFull
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeOther
Living Area Range1,100 sqft
General
AmenitiesHospital, Park, Public Transit, Schools
Building AppliancesDishwasher, Dryer, Microwave, Hood Fan
Building TypeTriplex
Community FeaturesSchool Bus
CommunityName4203 - Hintonburg
Foundation TypeConcrete
Location DescriptionCross Streets: Gladstone Ave. ** Directions: See remarks.
Parking Space Total9
Property TypeMulti-family
Exterior
Exterior FinishBrick, Stucco
Land AmenitiesHospital, Park, Public Transit, Schools
SewerSanitary sewer
Additional Details
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