398 Brown Street, Dresden, Ontario N0P 1M0

Listed for:
$299,000
3 beds
3 baths
Listed 33 days ago
Triplex for rent: 398 Brown Street, Dresden, Ontario N0P 1M0

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Learn more about this property
Listing provided by:
STREETCITY REALTY INC., BROKERAGE
MLS® number:
40569353
Agent:
Dylan Coburn
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About

Turn left onto brown st from north st. 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. (id:27476)

Property Highlights

Type
Triplex
Cooling type
None
Heating fuel
Electric, Natural gas
Fireplace
No
Construction material
Brick, Vinyl siding
Parking space
6
Ownership Type
Freehold
Amenities nearby

Location