$ 625,000
219 TALBOT ST E Aylmer, ON N5H 1H6
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$ 625,000
Est. payment | /mo
5 Beds
2,551 SqFt
$ 625,000
Est. payment | /mo
5 Beds
2,551 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
Listed by JANZEN-TENK REALTY INC., BROKERAGE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "