Menu
705-443-2880
Close
Buying
Selling
Communities
Meet The Team
48
502 BRUCE STREET
$439,900 Sale
Listed 52 days ago
· 0
· 0.0
· 4
· 2606
Key Facts
Key facts for 502 BRUCE STREET
Property Type
Apartment, Multi-Family
Parking
Garage: No, 4 parking
MLS #
X12248749
Size
2606 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
This fully rented triplex is a fantastic opportunity for investors seeking a low-maintenance, income-generating property in the charming community of Hepworth. Featuring three spacious 2-bedroom, 1-bath units, each offering generous living space, this property is already delivering strong returns wi...th a total annual income of $38,940.Tenants appreciate the updates and thoughtful layout: Unit 1: Fully renovated in 2023 rented at $1,300/month, Unit 2: Bathroom updated in 2021 rented at $1,000/month, Unit 3: Rented at $945/month. Recent upgrades include exterior masonry work (2021), a new boiler (2022), and a freshly re-graveled driveway in 2025. Two of the units (both main floor) include private garage spaces, and there's ample parking for all. The expansive backyard offers extra appeal for tenants and future value potential. With annual expenses of just $10,733, this property offers a solid net income and reliable cash flow from day one. Don't miss this opportunity to add a well-maintained, fully occupied triplex to your investment portfolio! (id:10452)
Similar Properties (No results)
Listing courtesy of: RE/MAX Grey Bruce Realty Inc.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.