403 PEACH TREE Lane, Manor Park - Cardinal Glen 3103 - Viscount Alexander Park
Cashback ~$13,613
$1,369,000

403 PEACH TREE Lane, Manor Park - Cardinal Glen 3103 - Viscount Alexander Park

Triplex
Property type
4
Bedrooms
1
Bathrooms
3103 - Viscount Alexander Park
Community name

Property details

Status
Active
Roof
Tar and Gravel
A/C
None
Heating
Baseboard
Foundation
Poured Concrete
Pool
None
Lot size
55.94 X 99.87
Exterior
Fenced Yard
Construction
Brick
Parking spaces
5
Updated on
2024-11-28, 3:59 p.m.
MLS® number
X10418773

Description

Turnkey triplex with significant upside. An additional third floor can be added under the current zoning anddrawings for three additional bachelor units have been completed. The flat roof allows you to easily convert theproperty into a Legal 6plex. As is: The Upper Level 4-bedroom unit is renting for $2800, the 4 bedroom unit on themain level is renting for $2400, and the three-bedroom basement unit is renting for $2200 per month. Additional$275 per month of revenue from parking and laundry. Utilities are not included. Property currently has a cap rateof 5.27%. Perfect investment opportunity for growth-minded buyers. Construction services can be provided forthose interested in adding the 3 units. Permits have been submitted for the 3 additional units. 24 hrs irrevocable on all offers; as per form 244.


$13,613 for this home
Justo provides you half of the agent’s commission on the sale.
Client Ambassador - Basma Ishaq

Here for your questions

Client Ambassador • Carolina Penuela
or call us at (315) 636-6522

Listed by: RARE REAL ESTATE INC.

Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.