ATTENTION INVESTORS! EXCELLENT RATE OF RETURN! OVERSIZED TRIPLEX ON A L SHAPED LOT IN MERLIN. All 3 units are fully rented. Gross annual income $42,868.56. All units are very large with two- 2-bedroom units & one-1 bedroom unit. Tenants pay their own hydro & gas. Owner pays water. 2 of the units have been updated in recent years, including furnace & AC, hot water tanks, kitchen, bathrooms, insulation & drywall. Sits on a large corner L shaped lot on a 1/2 acre, with each unit having their own separate yard. On municipal water & city sewer. Ample parking for all units. Opportunities for additional income on the L shaped portion of the lot, such as storage containers. (id:50947)
| MLS® Number | 24026768 |
| Property Type | Multi-family |
| Cooling Type | Fully Air Conditioned |
| Exterior Finish | Aluminum/vinyl |
| Flooring Type | Carpeted, Laminate |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Triplex |
| Other | 6 |
| Acreage | No |
| Size Irregular | 118 X Irreg. |
| Size Total Text | 118 X Irreg.|under 1/2 Acre |
| Zoning Description | Rl1-215 |
https://www.realtor.ca/real-estate/27608898/23-27-william-street-merlin
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Krista Mall
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(519) 365-7462
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The Reitzels
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640 Riverbend Drive
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Email: info@TheReitzels.com
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