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Unlock unparalleled investment potential with this exceptional triplex in Woodstock, featuring two ground-level apartments and one upper unit. With a detached garage, over 8 parking spaces, and a vast fully fenced rear yard, this property sets the stage for success. Generating a remarkable $77,000 annually in gross rental income and boasting an approximate 8% Cap Rate, its two driveways ensure hassle-free parking for tenants and guests. Nestled in a peaceful neighborhood mere steps from downtown, grocery stores, and dining options, this turn-key investment guarantees both convenience and profitability. Complete with all appliances, individual laundry facilities, separate hydro meters, and private entrances for each unit, it prioritizes comfort and privacy. Whether expanding your portfolio or stepping into real estate for the first time, the seamless access to the 401 highway elevates its allure, solidifying its status as a coveted asset in Woodstock's thriving real estate landscape. (id:51914)
MLS® Number | 40586166 |
Property Type | Multi-family |
Amenities Near By | Public Transit |
Equipment Type | Water Heater |
Parking Space Total | 9 |
Rental Equipment Type | Water Heater |
Structure | Shed |
Bathroom Total | 3 |
Bedrooms Total | 6 |
Basement Development | Unfinished |
Basement Type | Partial (unfinished) |
Cooling Type | Wall Unit |
Exterior Finish | Brick |
Foundation Type | Stone |
Heating Type | Baseboard Heaters |
Stories Total | 2 |
Size Interior | 1992 Sqft |
Type | Triplex |
Utility Water | Municipal Water |
Detached Garage |
Acreage | No |
Fence Type | Partially Fenced |
Land Amenities | Public Transit |
Sewer | Municipal Sewage System |
Size Depth | 84 Ft |
Size Frontage | 66 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | C3 |
https://www.realtor.ca/real-estate/26879089/80-84-reeve-street-woodstock
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