Substantially renovated inside and out, this charming 1920s 3-unit property is ideal for investors seeking high income and a property in great condition. Currently offered at 7% CAP. The top two units retain original period character with modern updates for comfort and style. The lower unit, (131 Carmarthen) built in the past four years, has contemporary finishes, just like new. The top suite (194 Duke) has three spacious bedrooms, while the other two units offer two bedrooms each. All units include new kitchens and bathrooms, ample storage, and abundant windows for bright, airy living spaces. Located just four blocks from Uptown Saint Johns amenitiesshops, restaurants, entertainmentand close to schools and public transit. Recent upgrades (circa 2020) include new plumbing, electrical, windows, exterior siding, and heating systems for peace of mind. Tenants pay all utilities, minimizing owner costs. All units are leased to reliable, stable tenants. This turnkey property stands out as a smart investment with strong financials. Consider this as a great first time investment or add to your existing portfolio. (id:31684)
Property Features
Heating Information
Baseboard
Electric
Listing Courtesy: SUTTON GROUP AURORA REALTY LTD.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.