23-27 William Street Merlin, Ontario N0P 1W0
$399,900
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:50886)
Property Details
| MLS® Number | 24026768 |
| Property Type | Multi-family |
Building
| CoolingType | Fully Air Conditioned |
| ExteriorFinish | Aluminum/vinyl |
| FlooringType | Carpeted, Laminate |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Triplex |
Parking
| Other | 6 |
Land
| Acreage | No |
| SizeIrregular | 118 X Irreg. |
| SizeTotalText | 118 X Irreg.|under 1/2 Acre |
| ZoningDescription | Rl1-215 |
https://www.realtor.ca/real-estate/27608898/23-27-william-street-merlin
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Krista Mall
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29575 St. George St.
Dresden, Ontario N0P 1M0
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November 04 2024 07:03:58
Chatham Kent Association of REALTORS®
Royal LePage Peifer Realty (Dresden)