2 Bedroom
3 Bathroom
1,100 - 1,500 ft2
None
Forced Air, Other, Not Known
$429,900
You really can't miss this value added 3-unit investment that not only makes a strong statement on the street, but is a strong investment too! Not only a bold facade, but a bold 8% potential cap rate make this solid triplex an ideal mix of immediate income and plenty of opportunity to be realized. The fully renovated rear one-bedroom unit is tenanted, while the front studio and second-floor one-bedroom are vacant and ready for updates, allowing you to set market rents and select tenants. The main floor could be consolidated back into one unit for the owner who may want to live in and rent the upper unit. Recent improvements include a complete frame-in renovation of the rear unit, as well as new furnace and hot water tank (2021), updated wiring with 200-amp breaker panel and some exterior brick repointing with the front and side painted (2022), rear stairs replaced (2019),. Two rear parking spaces on a concrete driveway with paved alley access, plus proximity to downtown and public transit routes makes it a very attractive prospect to tenants. A practical & profitable opportunity for investors to build long-term equity in an improving Lansdale neighbourhood. (id:50976)
Property Details
|
MLS® Number
|
X12697068 |
|
Property Type
|
Multi-family |
|
Community Name
|
Landsdale |
|
Features
|
Lane |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
2 |
|
Bedrooms Total
|
2 |
|
Age
|
100+ Years |
|
Appliances
|
Water Heater, Dryer, Two Stoves, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Aluminum Siding, Brick Veneer |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Electric, Natural Gas |
|
Heating Type
|
Forced Air, Other, Not Known |
|
Stories Total
|
2 |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
95 Ft ,10 In |
|
Size Frontage
|
23 Ft ,7 In |
|
Size Irregular
|
23.6 X 95.9 Ft |
|
Size Total Text
|
23.6 X 95.9 Ft|under 1/2 Acre |
|
Zoning Description
|
D |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Living Room |
3.45 m |
3.15 m |
3.45 m x 3.15 m |
|
Second Level |
Kitchen |
3.81 m |
2.87 m |
3.81 m x 2.87 m |
|
Second Level |
Bedroom |
3.23 m |
3.48 m |
3.23 m x 3.48 m |
|
Main Level |
Living Room |
3.35 m |
4.34 m |
3.35 m x 4.34 m |
|
Main Level |
Kitchen |
3.45 m |
4.57 m |
3.45 m x 4.57 m |
|
Main Level |
Bedroom |
2.18 m |
3.48 m |
2.18 m x 3.48 m |
|
Main Level |
Living Room |
3.66 m |
2.74 m |
3.66 m x 2.74 m |
|
Main Level |
Kitchen |
2.36 m |
1.93 m |
2.36 m x 1.93 m |
https://www.realtor.ca/real-estate/29252032/220-emerald-street-n-hamilton-landsdale-landsdale
