Excellent Investment Opportunity in Elmira! This well maintained, purpose built triplex is fully occupied and will make a great addition to any investment portfolio. Each of the three spacious units feature 2 bedrooms, generous living room, eat in kitchen and 1 bathroom, with the upper and middle units enjoying private balconies and the lower unit offering large, bright windows.
Pride of ownership is evident throughout this easily managed property. Long term tenants take excellent care of their homes, making this a turnkey investment. Recent updates include a commercial grade coin operated washer and dryer, as well as a newer retaining wall and fence which allows for a convenient and easy place to store the shared garbage bins.
Each unit includes one parking space. Situated on a quiet street within walking distance of downtown Elmira, beautiful parks & trails, and the splash pad, this property also offers convenient access to Kitchener-Waterloo and Guelph. A solid, well cared for investment in a desirable location!
Property Type:
Residential Income
Property SubType:
Multi-3 Unit
Year built:
1972
(Age: 54)
Listing General Location:
550 - Elmira, 5 - Woolwich and Wellesley Township
Bedrooms:
6
Bathrooms:
3.0
(Full:-/Half:-)
Lot Details:
44.22 x 123.28
Lot Depth:
123'3"37.6 m
Lot Frontage:
44'3"13.5 m
Frontage Type:
South
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
$4,240.7 /
-
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Year Roof Replaced:
2013
Number of Storeys:
3
Number of Buildings:
0
Total Floor Area:
3,075 sq. ft.286 m2
Finished Area Above Grade:
2,050 sq. ft.190 m2
Finished Area Below Grade:
1,025 sq. ft.95.2 m2
Fireplace:
false
Laundry Features:
Coin Operated
Water Supply:
Municipal
Water Meter:
Yes
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Baseboard, Electric
Hot Water Tank Owned,Commercial Coin Operated Washer & Dryer.
Hot Water Tank Owned, Refrigerator, Stove
Tenants Possessions
Separate Hydro Meters
false
No
Duke St to Mill St.
No
HST Applicable To Sale Price:
Included
Association Fee 2 Frequency:
Monthly
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Leases:
No
Zoning:
R-5
Exposure / Faces:
North
Lot Site Features:
Rectangular, City Lot, Park, Place of Worship, Playground Nearby, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No