43 WELLINGTON STREET new

Bracebridge (macaulay),ON P1L1E8

$ 479000

7 Beds

4 Baths

2500 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $191

Subdivision Macaulay

MLS Listing ID X12344526

Bedrooms 7

Half Baths 1

Property Description

Investment Opportunity!!! A Triplex with very good income is situated in a prime central Bracebridge close to amenities, schools and transportation ensuring a strong rental demand. The 2,500 sq. ft. building has one 3-bedroon unit with 2 baths; two 2-bedroom with 1 bathroom in each and a attached garage on 66 ft. by 124 ft. lot with R3 zoning. The building has aluminum siding, a metal roof and parking for 6 vehicles. The annual revenue is $52,800 with an excellent CAP rate of 9.2%. Whether you're a experienced investor or new to the market with skills to renovate, this property has steady income and great potential for long term for long term growth. Don't miss out on this rare opportunity. The building is being sold in "As Is" condition. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

Community Features School Bus

View Y/N Yes

View Lake view

Building

Story 2

Sewer Septic System

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