Property Description for 117 FAIRLEIGH AVENUE S
Exceptional Investment Opportunity! Discover this legal triplex, complete with a bonus additional dwelling unit, located on a spacious double lot. With approximately 3,000 square feet of well maintained living space, this property is a true gem for investors. The layout features two 2-bedroom units and two 1-bedroom units, offering versatile rental options. The main-floor 2-bed unit is currently owner occupied and provides a wonderful live-in option or could be quickly rented with a projected rent of $2,200/m. The other 3 units are happily occupied by A++ tenants. The home is equipped with efficient boiler heat, ensuring convenience for both owners and tenants. Additionally, this property includes in-suite coin operated shared laundry, and a detached garage and a storage shed, providing further potential for income (approx. $50/m for laundry and projected $200/m for garage) or personal use. The ideal location, turn key building, and practical layout make this a standout investment opportunity. You'll be hard pressed to find a better layout, location, and overall quality. Pride of ownership is evident throughout don't miss this rare offering. Call your Realtor to book your showing today! (id:38686)
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Property Details
Property Tax
: $5,710MLS® #
: X10353109
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: OtherBasement
: Partially finished, Partial
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: Detached GarageExterior Features
: Brick
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