219 TALBOT ST E Active

Aylmer,ON N5H 1H6

$ 625000

5 Beds

- Bath

2551 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,551 sqft

Price per Sqft $245

MLS Listing ID X8240688

Bedrooms 5

Annual Tax Amount $1,820

Tax Year 2023

Property Description

TURNKEY TRIPLEX IN SMALL TOWN with rental apartment shortage. If you are looking for a great property with a cap rate of 4.7% as listed, bringing in a Gross Yearly of $49,680 ($4,140 monthly) you found it! #1 HUGE Main floor + basement unit 2 bedroom $1850 bills included, #2 SPACIOUS Upper unit 1 bedroom $640 plus 30% bills (excellent long term tenant), #3 Fully Renovated with Permit - Upper unit 2 bedroom $1650 bills included. This is a well kept property offering low cap ex with new furnace(2022), roof(2019 steel, 2023 flat) and fully renovated upper unit with great layout. All tenants are fantastic and ample parking at the back. If you are curious about investments OR want a retirement fund in a stable little town with excellent tenants waiting in the wings, this may be your opportunity!

Location

Province ON

County Elgin

Zoning RO

Rooms

Kitchen 0

Interior

Cooling Yes

Inclusions UNIT 1 - 1 FRIDGE, 1 STOVE, 1 WASHER, 1 DRYER, UNIT 2- 1 STOVE

Exterior

Utilities Available Yes

Parking Type None

Others

Senior Community No

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