15 Convoy Avenue, Fairview (MLS® 201822542): This is a Fantastic Legal Triplex and Investment Opportunity for the new or experienced investor on a great street in growing Fairview! very well maintained by an excellent owner for past 15 years with clean, quality long term tenants who have taken care of their units. The two main floor units are large two level, 2 bedrooms with very large master suites, and small decks off the back doors. The basement unit is a large one bedroom, with a lot of space in every room and deck space off the back door. All units in great condition, with various levels of updating. There is a new kitchen, flooring and bathroom on one side, but room for cosmetics to take this to the next level and force equity with substantial rent increases. Currently rented well below market rents, but with large enough units that will achieve a premium with cosmetic updates. Very Recent NEW ROOF including sheathing, Fiberglass oil tank 2010, New Furnace and Amtrol Hot water tank 2009 serviced annually. paved driveway 2011, chimney liner and repointing 2013, Insulation blown into walls in 2017, New Basement window 2007 Shed storage and furnace room storage. Laundry on site, could be converted to coin op. Rents $685, $650 and $540 and include heat and hot water. Paved Parking for three cars in front. Just a great opportunity for a turn key investment for someone looking for a cheaper entry point, but with a lot of potential to drive up the value well into the $300,000 price point.
Listing Courtesy of Century 21 Trident Realty Ltd.
3 Fridges, 3 stoves, 1 washer, 1 dryer, shed