43 WELLINGTON STREET (X12344526)

About the 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. (id:48047)