$ 799,000
80-84 Reeve ST W Woodstock, ON N4S 3G6
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 799,000
Est. payment /mo
Active
80-84 Reeve ST W Woodstock, ON N4S 3G6
1,992 SqFt
UPDATED:
09/14/2024 08:42 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,992 sqft
Price per Sqft $401
MLS Listing ID X9348334
Annual Tax Amount $3,600
Tax Year 2023
Property Description
Unlock unparalleled investment potential with this exceptional triplex in Woodstock, featuring two ground-level apartments and one upper unit. With a detached garage, over 8 parking spaces, and a vast fully fenced rear yard, this property sets the stage for success. Generating a remarkable $81,000 annually in gross rental income and boasting an approximate 9% Cap Rate, its two driveways ensure hassle-free parking for tenants and guests. Nestled in a peacefull neighborhood mere steps from downtown, grocery stores, and dining options, this turn-key investment guarantees both convenience and profitability. Complete with all appliances, individual laundry facilities, separate hydro meters, and private entrances for each unit, it prioritizes comfort and privacy. Whether expanding your portfolio or stepping into real estate for the first time, the seamless access to the 401 highway elevates its allure, solidifying its status as a coveted asset in Woodstock's thriving real estate landscape.
Location
State ON
County Oxford
Zoning C-3
Interior
Cooling Yes
Inclusions 2 Fridges, 2 Stoves, 2 Washer and 2 Dryer. All Appliances are in AS IS condition.
Exterior
Utilities Available Available
Parking Type Double Detached
Listed by BRIDGE REALTY