114 Victoria ST S Active Save Request In-Person Tour Request Virtual Tour
Brockton,ON N0G 2V0
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Brockton
MLS Listing ID X12368550
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,175
Tax Year 2024
Property Sub-Type Triplex
Property Description
This well-maintained, solid brick triplex is well located within walking distance to amenities, making it an ideal addition to your investment portfolio. The property offers two spacious 3-bedroom units and one 2-bedroom unit with a den, all on separate hydro meters with tenants paying their own utilities except water and sewer. One tenant also maintains the lawn, making upkeep simple. Unit 1 on the main floor features a kitchen, living room, two bedrooms, a den, full bathroom, laundry hookup, and hallway storage. Unit 2 on the second floor offers three bedrooms, a living room, kitchen, full bathroom, and storage closet, with the tenant vacating at the end of September. Unit 3, located in the back two-storey addition, includes a kitchen, living room, bedroom, laundry, and deck on the main level, plus two additional bedrooms and a full bathroom upstairs.Recent updates include a durable steel roof and a new deck added in 2021. With net income over $37,000 and an approximate 7.4% rate of return, this property delivers a strong, reliable investment opportunity in a desirable Walkerton location.
Location
Province ON
County Bruce
Community Brockton
Area Bruce
Rooms
Family Room No
Kitchen 3
Interior
Cooling None
Exterior
Pool None
Waterfront Description None
Roof Type Metal
Building
Foundation Stone,Poured Concrete