Exceptional Triplex Investment Opportunity...Discover this well-maintained triplex offering the perfect blend of strong income potential and long-term value. Featuring three self-contained units, this property is ideal for investors seeking reliable rental income or owner-occupants looking to offset mortgage costs by living in one unit while renting the others. Each unit offers a functional layout with bright living spaces, six spacious bedrooms, and well-appointed kitchens and bathrooms. The property is clean and immaculate and has been thoughtfully maintained and provides separate entrances, ample parking, and generous outdoor space with managed gardens and outdoor relaxing space for tenants to enjoy. Conveniently located near schools, Hospital, parks, shopping, public transit, and major commuter routes, this triplex appeals to a wide range of tenants, helping to support consistent occupancy. Whether you're expanding your investment portfolio or purchasing your first multi-family property, this is a rare opportunity to own a versatile, income-producing asset in a desirable location. Don't miss your chance to secure a property that offers immediate cash flow and excellent long-term appreciation potential. Two vacant units allow to set your own rents with one long term 17 year tenant that takes care of the lawn and garden spaces finished with love and expertise. Good, safe value. (id:4069)
Address
454 King STREET West
List Price
$569,000
Property Type
Multi-family
Type of Dwelling
Triplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Chatham
Lot Size
65 X IRREGULAR / 0.17 AC Sq. Ft.
Year Built
1969
MLS® Number
26024198
Listing Brokerage
GAGNER & ASSOCIATES EXCEL REALTY SERVICES INC. Brokerage
Postal Code
N7M1G5
Zoning
RL2
Ownership
Freehold
Heat Source
Natural gas
Cooling Features
Central air conditioning
Foundation Details
Block
Number Of Floors In Building
2
