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)
PROPERTY SPECS
Listing ID 24026768
Address 23-27 WILLIAM STREET
City Merlin, ON
Price $399,900
Construction Aluminum/Vinyl
Flooring Carpeted, Laminate
Land Size 118 X IRREG.
Type Triplex
Status For sale
EXTENDED FEATURES
OwnershipFreeholdCoolingFully air conditionedFoundationBlockHeatingForced airHeating FuelNatural gasDate Listed2024-11-02 02:00:51Days on Market12