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748 PIERRE
Description
Attention investors! Solid income-producing 3 unit property offering excellent cash flow and future upside. The spacious main floor unit features 2 large bedrooms, a generous kitchen, dining room, and a 4-piece bath, with laundry, a shower, and a large unfinished storage area in the basement. The upper front unit offers 2 bedrooms, an eat-in kitchen, living room, and a 4-piece bath, while the upper rear bachelor unit includes its own kitchen and 3-piece bath. Additional features include a covered front porch, second-floor balcony, and a detached 1.5-car garage generating additional rental income. Current gross rental income is approximately $4,000/month, with tenants paying utilities except for 50% of the water and electricity for the bachelor unit. Low operating expenses and strong income make this an excellent opportunity for both new and experienced investors. (id:50861)
Property details
- Property type
- Multi-family
- Building type
- Triplex
- Lot size
- 35 X 124
- Parking
- Other
- Heating
- Baseboard heaters, Forced air, Space Heater, Electric, Natural gas
- Cooling
- Central air conditioning
- MLS® number
- 26025785
Mortgage calculator
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Location
Listed by: REALTY ONE GROUP ICONIC BROKERAGE. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.