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:35492)
MLS® Number | 24026768 |
Property Type | Multi-family |
Cooling Type | Fully Air Conditioned |
Exterior Finish | Aluminum/vinyl |
Flooring Type | Carpeted, Laminate |
Foundation Type | Block |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Type | Triplex |
Other | 6 |
Acreage | No |
Size Irregular | 118 X Irreg. |
Size Total Text | 118 X Irreg.|under 1/2 Acre |
Zoning Description | Rl1-215 |
https://www.realtor.ca/real-estate/27608898/23-27-william-street-merlin
Contact us for more information
Krista Mall
Sales Person
(519) 365-7462