43 WELLINGTON STREET
Bracebridge, Ontario P1L1E8
$479,000
Address
Street Address
43 WELLINGTON STREET
City
Bracebridge
Province
Ontario
Postal Code
P1L1E8
Country
Canada
Days on Market
25 days
Property Features
Bathroom Total
4
Bedrooms Above Ground
7
Bedrooms Total
7
Property Description
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. (id:58834)
Property Details
Location Description
Santa Village Rd.
Price
479000.00
ID
X12344526
Equipment Type
Water Heater
Structure
Deck, Porch
Features
Level
Rental Equipment Type
Water Heater
Transaction Type
For sale
Listing ID
28733039
Property Type
Multi-family
Building
Bathroom Total
4
Bedrooms Above Ground
7
Bedrooms Total
7
Basement Type
Partial (Unfinished)
Cooling Type
Central air conditioning
Exterior Finish
Aluminum siding
Heating Fuel
Natural gas
Heating Type
Forced air
Size Interior
2500 - 3000 sqft
Type
Triplex
Utility Water
Municipal water
Room
| Type | Level | Dimension |
|---|
Land
Size Total Text
66 x 132 FT
Acreage
false
Sewer
Septic System
SizeIrregular
66 x 132 FT
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