Property Description for 9 SECOND AVENUE
Introducing a remarkable opportunity to own a semi-detached triplex in the heart of downtown Orangeville. Welcome to this exceptional new listing at 9 Second Avenue in Orangeville. This property offers a compelling blend of living and investment potential, perfect for buyers seeking both a home and a sound income source. This intriguing property presents a rare investment opportunity in the heart of downtown Orangeville. Designed as a triplex, this house is comprised of three self-contained one-bedroom with one-4 piece bathroom units; each offering distinct charm and appeal. This property stands out not only for its potential as a steady income source but also for its ability to accommodate homeowners looking to offset their mortgage payments. Live comfortably in one unit while the other two generate rental income, thereby utilizing existing rentals to aid in your purchase qualification. Each unit in this triplex features functional living spaces geared towards comfort and practicality, making it highly attractive. Given its downtown location, residents enjoy the convenience of being close to shopping, dining, and entertainment options; all of which enhance the living experience and add value to this property's desirability. For those with vehicles, parking will never be an issue. The property includes ample space for residents and guests alike; ensuring that each unit has access to two parking spaces (6 total) which enhances its attraction. Whether you are an investor seeking to expand your portfolio or a buyer looking for a home that helps in mortgage payment through rental income, this property offers both profitability and liveability in one of the most sought-after downtown areas in Orangeville. Don't miss out on this versatile real estate opportunity. Explore the potential of 9 Second Avenue and redefine your investment or living strategy in this prime downtown location today. **** EXTRAS **** Shared laundry facilities located in the basement. Unit #1 is rented for $1800 per month (incl heat) plus hydro. Unit #2 is rented for $1850 per month plus hydro and 1/3 of the gas bill. Unit #3 (upper level unit) is presently vacant (id:38686)
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Property Details
Property Tax
: $5,404MLS® #
: W9259013
Home Features
Property Type
: Single Family
Interior Features
Heating
: Forced air, Natural gasBasement
: Unfinished, N/AFlooring
: Laminate
Utilities
Sewer
: Sanitary sewer
Other
Exterior Features
: Stucco
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