This well-maintained, solid brick triplex is well located within walking distance to amenities, making it an ideal addition to your investment portfolio. The property offers two spacious 3-bedroom units and one 2-bedroom unit with a den, all on separate hydro meters with tenants paying their own utilities except water and sewer. One tenant also maintains the lawn, making upkeep simple. Unit 1 on the main floor features a kitchen, living room, two bedrooms, a den, full bathroom, laundry hookup, and hallway storage. Unit 2 on the second floor offers three bedrooms, a living room, kitchen, full bathroom, and storage closet, with the tenant vacating at the end of September. Unit 3, located in the back two-storey addition, includes a kitchen, living room, bedroom, laundry, and deck on the main level, plus two additional bedrooms and a full bathroom upstairs.Recent updates include a durable steel roof and a new deck added in 2021. With net income over $37,000 and an approximate 7.4% rate of return, this property delivers a strong, reliable investment opportunity in a desirable Walkerton location. (id:31684)
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®.  Used under license.   This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy.  This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association