7 Beds 4 Bath

43 Wellington Street, Bracebridge, ON P1L 1E8

Bracebridge P1L 1E8 Ontario

MLS: X12344526

$479,000

Added 1 day ago | For Sale

Listed by: Re/Max Professionals North

About Property

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; the NOI is approximately $44,000 per year with an excellent CAP rate of 9.2%. Whether you're a experienced investor, new to the market or renovator, 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.

Features

  • House Style:Triplex
  • Bathrooms:4
  • Land Size: 66 X 132
  • Water:Municipal
  • Garage Spaces: /Attached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Santa Village Rd.
  • Basement:Partial Basement,Unfinished , Partial Basement,Unfinished
  • Possession Date:Flexible
  • Annual Property taxes: $2500
  • Bedrooms:7
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12344526

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