398 BROWN Street

Dresden, Ontario, N0P1M0, Canada

$299,000

INVESTORS! Are you looking for a positive cash-flow investment property? Look no further! Situated on a generous corner lot, this triplex offers an excellent investment opportunity, featuring three 1-bedroom units—two of which are vacant and one currently occupied under a month-to-month lease. This setup allows for immediate leasing of two units at current market rates (Potential for $3600 monthly income). The first vacant unit has been completely renovated, offering modern finishes and move-in readiness. The second vacant unit presents a unique opportunity for value enhancement, with potential for conversion into a spacious 2-bedroom unit, perfect to boost monthly revenue. Additionally, the property offers a metal roof and a detached double car garage with ample parking, accommodating multiple tenants with ease. Its prime location near a variety of essential amenities, coupled with its proximity to the downtown area, heightens its appeal as a highly desirable rental choice.

Last updated on : Monday 6th of May 2024 10:40:20 AM

ADDRESS

Street : 398 BROWN Street

City : Dresden

Province : Ontario

Country : Canada

Postal Code : N0P1M0

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PROPERTY SUMMARY

Property ID : 40569353

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 3

Bathrooms : 3

Parking : 6

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