43 Wellington St

For Sale 55 Days
$479,000
7 beds
4 baths

43 Wellington St

For Sale 55 Days
$479,000
7 beds
4 baths

Highlights

Key insights

Description

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; the NOI is approximately $44,000 per year with an excellent CAP rate of 9.2%. Whether you're a experienced investor, new to the market or renovator, 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:63267)

HUGH NICHOLS of Re/Max Professionals North,
#X12344526
updated 2 weeks ago.
Houseful checked MLS® for data 2 weeks ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Septic system
Exterior
  • # total stories
    2
  • # parking spaces
    7
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    3
  • # half baths
    1
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    7
Location
  • Community features
    School bus
  • Subdivision
    Macaulay
  • View
    Lake view
  • Directions
    1936782
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12344526
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28733039/43-wellington-street-bracebridge-macaulay-macaulay
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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