266 Grand

Home Details

Description

Turnkey investment opportunity, fully occupied Triplex with strong cash flow and NOI. Well maintained, backing onto the Thames River, zoned urban commercial, with endless income opportunities and potential uses. Currently set up as 3 separate units. Main floor unit is a well appointed 2 bed plus bonus room, renting for $1485 a month, all incl. Cozy basement unit recently renovated, renting for $1076 a month, all incl. Upper unit is very spacious with future potential as it has an additional floor that is not currently utilized. Renting for $830 plus hydro and gas. All units are occupied and rents are paid on time. Annual gross income of $40,692. Estimated annual expenses of $9832, with an approx. NOI of $30,860. Please allow a MINIMUM of 24 hours notice for ALL showings. (id:39198)

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Additional media

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Property taxes

$3,667.02 per year / $305.59 per month

Basement

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Year build

1900

Type

Multi-family

Bedrooms

null

Bathrooms

null

Parking spots

Total

Floor

Hardwood, Laminate, Cushion/Lino/Vinyl

Balcony

-

Pool

-

External material

Brick | Aluminum/Vinyl

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Natural gas, Furnace

Fire place(s)

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