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23-27 William Street Merlin, Ontario N0P 1W0

Fully Air Conditioned Forced Air

$399,900

ATTENTION INVESTORS! EXCELLENT RATE OF RETURN! OVERSIZED TRIPLEX ON A L SHAPED LOT IN MERLIN. All 3 units are fully rented. Gross annual income $42,868.56. All units are very large with two- 2-bedroom units & one-1 bedroom unit. Tenants pay their own hydro & gas. Owner pays water. 2 of the units have been updated in recent years, including furnace & AC, hot water tanks, kitchen, bathrooms, insulation & drywall. Sits on a large corner L shaped lot on a 1/2 acre, with each unit having their own separate yard. On municipal water & city sewer. Ample parking for all units. Opportunities for additional income on the L shaped portion of the lot, such as storage containers. (id:58872)

Property Details

MLS® Number 24026768
Property Type Multi-family

Building

CoolingType Fully Air Conditioned
ExteriorFinish Aluminum/vinyl
FlooringType Carpeted, Laminate
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Triplex

Parking

Other 6

Land

Acreage No
SizeIrregular 118 X Irreg.
SizeTotalText 118 X Irreg.|under 1/2 Acre
ZoningDescription Rl1-215

https://www.realtor.ca/real-estate/27608898/23-27-william-street-merlin

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