Property Description for 43 WELLINGTON STREET
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 with an excellent CAP rate of 9.2%. Whether you're a experienced investor or new to the market with skills to renovate, 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:38686)
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Property Details
Property Tax
: $2,500 (2025)MLS® #
: X12344526
Home Features
Property Type
: MultiFamily
Room Details
Partial Bathroom
: 1
Interior Features
Heating
: Forced air, Natural gasBasement
: Unfinished, Partial
Utilities
Sewer
: Septic System
Other
Parking Features
: Attached Garage, GarageExterior Features
: Aluminum siding
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