Outstanding Investment Opportunity: 2-Storey Triplex. Features three spacious units: a 4-bedroom, a 2-bedroom, and a 1-bedroom currently vacant, ideal for owner-occupier or new tenant at market rent. Two units are already tenanted, generating solid cash flow. Key Financials: Gross Income Multiplier (GIM): 7X, Net Operating Income (NOI): $25,980, Cap Rate: 9.66%, Gross Rent Multiplier (GRM): 7, Operating Expense Ratio (OER): 28.78%. A strong-performing asset perfect for investors seeking immediate income and long-term upside. Don't miss this rare opportunity.
EXTRAS: Washer, Refrigerator, Stove, Dryer
Last updated on : Saturday 19th of July 2025 08:00:30 PM
Street : 219 - 221 DEVONSHIRE AVENUE
City : Iroquois Falls
Country : Canada
Postal Code : P0K1E0
Property ID : T12234502
Building Type : Triplex
Property Type : Multi-family
Bedrooms : 7
Bathrooms : 3
Parking : 4
Parking Type: No Garage