291 HELEN Street
Free account required
$709,900 Sale
Listed 22 days ago
· 7
· 3.0
· 5
· 1882.7500
Key Facts
Key facts for 291 HELEN Street
Property Type
Apartment, Triplex
0 garage, 5 parking
1882.7500 sqft
Finished, Full (Finished)
Listed on
Lot size
Days on Market
Year Built
Maintenance Fee
Quality investment property in a fantastic location near Queen's University and St. Lawrence college. This triplex is fully rented to excellent tenants who all pay their own utilities as each unit is separately metered. Units consist of 1 - 3 bedroom unit and 2- 2 bedroom units. The property is rent...ed as follows: 3 bedroom for $1600 per month with built in rental increases for the next two years of $1650 then $1700. 1-2 bedroom unit rented for $1600 per month. 1- 2 bedroom unit rented for $1750- brand new tenant just moved in oct 23. Bonus coin washing machine in the basement for additional income and a massive parking area behind the property that could also be used to bring in more income if you charged for parking. The building has been very well maintained. The shingles, windows and attic insulation were updated in 2012. Lower level floors done in the last two years. One of the very few investment properties listed that is operating at over 7.5% cap rate and has a lot of room to easily increase the rents and income down the road. This is an excellent investment opportunity! (id:10452)
Similar Properties (No results)
Listing courtesy of: Re/Max Rise Executives, Brokerage
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.