398 Brown Street Dresden, Ontario N0P 1M0
$299,000
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. 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:39551)
Property Details
| MLS® Number | 40569353 |
| Property Type | Multi-family |
| Parking Space Total | 6 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Basement Type | None |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Brick |
| Heating Fuel | Electric, Natural Gas |
| Stories Total | 2 |
| Size Interior | 2450 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 99 Ft |
| Size Frontage | 66 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1(f) |
https://www.realtor.ca/real-estate/26731979/398-brown-street-dresden
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April 10 2024 07:10:49
London and St. Thomas Association of REALTORS®
Streetcity Realty Inc., Brokerage