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Shawn Page
Broker
Michael Page
Broker of Record
231 Clark St - Exceptional investment opportunity in the heart of Sturgeon Falls! This fully retrofitted triplex offers a turn-key solution for investors or owner-occupiers seeking reliable rental income. The property features three self-contained units: a spacious 2-bedroom apartment in the basement, a large 2-bedroom unit on the main floor, and a bright and updated 1-bedroom unit on the second floor. Each unit has its own private entrance, individual hydro meter, and in-unit laundry hookups and storage units. Generating a gross annual income of $41,520 with approximate expenses of $12,888, this property provides a solid net income of $28,632. Ideally located within walking distance to downtown amenities, schools, and parks, this is a high-performing asset in a growing community. Asking $439,900 (id:58987)
| MLS® Number | X12222698 |
| Property Type | Multi-family |
| Community Name | Sturgeon Falls |
| AmenitiesNearBy | Hospital, Place Of Worship, Park |
| CommunityFeatures | Community Centre, School Bus |
| Features | Level, Sump Pump |
| ParkingSpaceTotal | 4 |
| Structure | Shed |
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater - Tankless |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ExteriorFinish | Vinyl Siding |
| FireProtection | Smoke Detectors |
| FoundationType | Block |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| No Garage |
| AccessType | Year-round Access |
| Acreage | No |
| LandAmenities | Hospital, Place Of Worship, Park |
| Sewer | Sanitary Sewer |
| SizeDepth | 132 Ft |
| SizeFrontage | 60 Ft |
| SizeIrregular | 60 X 132 Ft |
| SizeTotalText | 60 X 132 Ft|under 1/2 Acre |
| ZoningDescription | R3 |
| Cable | Available |
| Electricity | Installed |
| Wireless | Available |
| Sewer | Installed |
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