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$499,900
Est. payment /mo
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Brockton
MLS Listing ID X12368550
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,175
Tax Year 2024
Property Sub-Type Triplex
Property Description
This well-maintained, solid brick triplex is well located within walking distance to amenities, making it an ideal addition to your investment portfolio. The property offers two spacious 3-bedroom units and one 2-bedroom unit with a den, all on separate hydro meters with tenants paying their own utilities except water and sewer. One tenant also maintains the lawn, making upkeep simple. Unit 1 on the main floor features a kitchen, living room, two bedrooms, a den, full bathroom, laundry hookup, and hallway storage. Unit 2 on the second floor offers three bedrooms, a living room, kitchen, full bathroom, and storage closet, with the tenant vacating at the end of September. Unit 3, located in the back two-storey addition, includes a kitchen, living room, bedroom, laundry, and deck on the main level, plus two additional bedrooms and a full bathroom upstairs.Recent updates include a durable steel roof and a new deck added in 2021. With net income over $37,000 and an approximate 7.4% rate of return, this property delivers a strong, reliable investment opportunity in a desirable Walkerton location.
Location
Province ON
County Bruce
Community Brockton
Area Bruce
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Accessory Apartment, Primary Bedroom - Main Floor, Separate Hydro Meter, Separate Heating Controls
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Waterfront Description None
Roof Type Metal
Lot Frontage 47.36
Lot Depth 132.0
Total Parking Spaces 3
Building
Unit Features Hospital,Place Of Worship
Foundation Stone, Poured Concrete
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Listed by Royal LePage RCR Realty