Rarely does a place like this come for sale, a triplex in the quiet village of Portland, sitting just a block from Big Rideau Lake. Fully rented at the moment with one unit vacating for June 1st, makes it the perfect opportunity for an owner occupied investment property. There is a one bedroom main floor unit with a long time tenant, the next main floor unit has 2 bedrooms above and was updated throughout before the current tenant arrived, and the last unit has 2 bedrooms with a modern country kitchen, pot lights and an upper deck with seasonal views of the lake, and this will be the vacant unit! All units have separate hydro meters, one unit heats with a propane furnace and the others are baseboard, meaning all utilities are on the tenants, and each unit has their own laundry as well. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, library and a public beach and boat launch just a block away. Live in one unit and have the other 2 cover your mortgage, or rent it out and make some money. Current gross rent of $31,584 nets $25,364. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
1,999 sq. ft.186 m2
Living Area (Max):
2,499 sq. ft.232 m2
Taxes:
$2,158.62 /
-
Community:
818 - Rideau Lakes (Bastard) Twp
Features:
Separate Electricity Meters, Separate Heating Controls
Exterior Features:
Brick
Security Features:
Smoke Detectors
Structure Type:
Triplex
Utilities:
Cable
Appliances Included:
Washer, Refrigerator, Water softener, Stove, Dryer, Water Heater
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