23-27 WILLIAM STREET Active

Merlin,ON N0P1W0

$ 399900

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24026768

Originating Board Chatham Kent Association of REALTORS®

Property Description

ATTENTION INVESTORS! EXCELLENT RATE OF RETURN! OVERSIZED TRIPLEX ON A L SHAPED LOT IN MERLIN. All 3 units are fully rented. Gross annual income $42,868.56. All units are very large with two- 2-bedroom units & one-1 bedroom unit. Tenants pay their own hydro & gas. Owner pays water. 2 of the units have been updated in recent years, including furnace & AC, hot water tanks, kitchen, bathrooms, insulation & drywall. Sits on a large corner L shaped lot on a 1/2 acre, with each unit having their own separate yard. On municipal water & city sewer. Ample parking for all units. Opportunities for additional income on the L shaped portion of the lot, such as storage containers. (id:24570)

Location

Province ON

Interior

Heating Forced air,

Cooling Fully air conditioned

Flooring Carpeted,Laminate

Exterior

Garage No

Waterfront No

View Y/N No

Private Pool No

Building

Story 2

Others

Ownership Freehold

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