Overview
- Updated On:
- September 14, 2024
- 6 Bedrooms
- 3 Bathrooms
- 1,992 ft2
Description
Unlock unparalleled investment potential with this exceptional triplex in
Woodstock, featuring two ground-level apartments and one upper unit. With a
detached garage, over 8 parking spaces, and a vast fully fenced rear yard, this
property sets the stage for success. Generating a remarkable $77,000 annually in
gross rental income and boasting an approximate 9% Cap Rate, its two driveways
ensure hassle-free parking for tenants and guests. Nestled in a peaceful
neighborhood mere steps from downtown, grocery stores, and dining options, this
turn-key investment guarantees both convenience and profitability. Complete with
all appliances, individual laundry facilities, separate hydro meters, and private
entrances for each unit, it prioritizes comfort and privacy. Whether expanding
your portfolio or stepping into real estate for the first time, the seamless
access to the 401 highway elevates its allure, solidifying its status as a coveted
asset in Woodstock’s thriving real estate landscape.
- Principal and Interest
- Property Tax
- HOA fee