Situated on a generous corner lot, this triplex offers an excellent investment opportunity, featuring three 1-bedroom units—two of which are vacant and one currently occupied under a month-to-month lease. This setup allows for immediate leasing of two units at current market rates. The first vacant unit has been completely renovated, offering modern finishes and move-in readiness. The second vacant unit presents a unique opportunity for value enhancement, with potential for conversion into a spacious 2-bedroom unit, perfect to boost monthly revenue. Additionally, the property offers a metal roof and a detached double car garage with ample parking, accommodating multiple tenants with ease. Its prime location near a variety of essential amenities, coupled with its proximity to the downtown area, heightens its appeal as a highly desirable rental choice. (id:4555)
PROPERTY SPECS
Listing ID 40569353
Address 398 BROWN Street
City Dresden, ON
Price $299,000
Bed / Bath 3 / 3 Full
Construction Brick, Vinyl siding
Type Triplex
Status For sale
EXTENDED FEATURES
BasementNoneParking6OwnershipFreeholdCoolingNoneFoundationBrickHeating FuelElectric, Natural gasUtility WaterMunicipal waterDate Listed2024-04-10 20:01:19Days on Market24Parking6