3,100 sqft
Baseboard Heaters
$799,900
Strong income and modern construction come together in this fully rented three-unit building built in 2024. With newer construction and minimal maintenance expected for years to come, this property offers a solid addition to any investment portfolio. All three units are rented at $1,800 per month with tenants paying their own utilities, providing stable income and a strong cap rate. Tenants are on one-year leases, offering reliability while still allowing flexibility to increase rents this year as market conditions allow. Each unit features two bedrooms, an open-concept kitchen and living area, private balcony, and the convenience of in-unit laundry with washer and dryer. The property also offers off-street parking for six vehicles, an important feature for tenants and long-term rental appeal. For buyers looking to enter the market, this property also provides the option of owner-occupied investing, allowing you to live in one unit while the others generate income. With strong rental demand and zero vacancy, this is a solid turn-key opportunity. Conveniently located close to shopping, restaurants, public transit, and quick highway access for commuting. (id:63476)
Property Details
|
MLS® Number |
NB134441 |
|
Property Type |
Multi-family |
|
Equipment Type |
None |
|
Rental Equipment Type |
None |
Building
|
Appliances |
Refrigerator, Stove, Washer, Dishwasher, Dryer |
|
Basement Type |
None |
|
Constructed Date |
2024 |
|
Exterior Finish |
Vinyl |
|
Flooring Type |
Laminate |
|
Foundation Type |
Concrete |
|
Heating Fuel |
Electric |
|
Heating Type |
Baseboard Heaters |
|
Size Interior |
3,100 Sqft |
|
Total Finished Area |
3100 Sqft |
|
Type |
Triplex |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
3896.54 |
|
Size Total |
3896.54 Sqft |
|
Size Total Text |
3896.54 Sqft |