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$891,000
Est. payment /mo
6 Beds
1,992 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,992 sqft
Price per Sqft $447
Subdivision Woodstock - South
MLS Listing ID X12402312
Bedrooms 6
Annual Tax Amount $3,900
Tax Year 2024
Property Sub-Type Investment
Lot Depth 83.84
Lot Front 66.15
Property 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 8% 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.
Location
Province ON
County Oxford
Community Woodstock - South
Area Oxford
Rooms
Kitchen 0
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 66.15
Lot Depth 83.84
Building
Lot Description Irregular Lot
New Construction false
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Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED
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