Contact us for more information
Shawn Page
Broker
(705) 753-1155
Michael Page
Broker of Record
(705) 753-1155
Solid investment potential meets country convenience with this well-maintained triplex set on a spacious one-acre lot in a desirable rural setting. Featuring a durable brick front exterior, this property offers three self-contained units including a 3-bedroom, 2-bedroom, and 1-bedroom layout, providing strong rental appeal and flexibility for a variety of tenant needs. Ideally located just steps from NoFrills, Canadian Tire, Shopper's Drug Mart, bowling alley, and doctor's office, tenants enjoy easy access to everyday essentials while still benefiting from a rural atmosphere. With no water or sewer bills, operating costs remain low, enhancing overall returns. The property generates a gross annual income of $40,920, making it an excellent opportunity for investors or those looking to offset their mortgage through owner occupancy. An added bonus is the inclusion of an Old Hickory building, offering additional storage or potential utility. A rare blend of income, location, and lifestyle-this is a smart addition to any real estate portfolio. Listed at $514,500. (id:58987)
| MLS® Number | X13031280 |
| Property Type | Multi-family |
| Community Name | Sturgeon Falls |
| Amenities Near By | Hospital, Park, Place Of Worship |
| Community Features | Community Centre |
| Parking Space Total | 6 |
| Structure | Shed |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Heater |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | Full, N/a (finished), N/a |
| Cooling Type | None |
| Exterior Finish | Brick Veneer, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| No Garage |
| Access Type | Year-round Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship |
| Sewer | Septic System |
| Size Depth | 208 Ft ,8 In |
| Size Frontage | 208 Ft ,8 In |
| Size Irregular | 208.7 X 208.7 Ft |
| Size Total Text | 208.7 X 208.7 Ft|1/2 - 1.99 Acres |
| Zoning Description | R2 |