6 Bedroom
4 Bathroom
3,000 - 3,500 ft2
Central Air Conditioning
Forced Air
$449,999
A must-see investment opportunity in the heart of St. Isidore, just 45 minutes from Ottawa or Cornwall. This well-maintained triplex is currently owner-occupied, generating a CAP rate of 2.04% with the potential to increase to 8.52% within the year. Unit A (owner-occupied) is a spacious 3+1 bedroom, 1.5 bath unit with ample storage, a partially finished basement, and a 1.5-car attached garage. Unit B is a 1-bedroom, 1-bath unit recently renovated throughout, excluding only the tub and built-in bathroom cabinets. Unit C offers a generous layout with 1 bedroom, an office, and a storage room. All tenants are A+ and maintain their units well. Over $40,000 in upgrades have been completed in the past five years, including a propane furnace and central air conversion (2020), metal roof on Unit A and flat roof on Unit C and garage (2021), thermal insulation in Unit C crawl space (2022), new windows in Units A & B, new exterior door and siding (Unit B), and a full interior renovation of Unit B with luxury vinyl plank flooring and updated kitchen (2023). Additional updates in (2024) include concrete work in the tunnel and garage north wall interior. In (2025), a new drop ceiling in Unit As basement, updated plumbing stack, taps, tub surround, new Sump Pump. Dont miss your chance to invest in a solid property with strong income potential and great long-term value. (id:28469)
Property Details
MLS® Number
|
X12220567 |
Property Type
|
Multi-family |
Community Name
|
605 - The Nation Municipality |
Amenities Near By
|
Park, Place Of Worship |
Equipment Type
|
Propane Tank |
Features
|
Sump Pump |
Parking Space Total
|
13 |
Rental Equipment Type
|
Propane Tank |
Building
Bathroom Total
|
4 |
Bedrooms Above Ground
|
5 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
6 |
Amenities
|
Separate Heating Controls |
Appliances
|
Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator |
Basement Development
|
Partially Finished |
Basement Type
|
Crawl Space (partially Finished) |
Ceiling Type
|
Suspended Ceiling |
Construction Status
|
Insulation Upgraded |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Aluminum Siding, Concrete Block |
Fire Protection
|
Smoke Detectors |
Foundation Type
|
Block, Stone |
Half Bath Total
|
1 |
Heating Fuel
|
Propane |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
3,000 - 3,500 Ft2 |
Type
|
Triplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Land Amenities
|
Park, Place Of Worship |
Sewer
|
Sanitary Sewer |
Size Depth
|
134 Ft |
Size Frontage
|
56 Ft |
Size Irregular
|
56 X 134 Ft |
Size Total Text
|
56 X 134 Ft |
Zoning Description
|
Vc: Village Core |
Utilities
Cable
|
Available |
Electricity
|
Installed |
Sewer
|
Installed |