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Attention Investors! Income producing Triplex in great location! – SOLD $359,900


 

 

Great Income Producing Triplex in Woodstock – SOLD


Features:

  • 1 x 3 Bedroom
  • 2 x 1 Bedroom apartments
  • Large Lot
  • Plenty of Parking
  • ~6% cap rate
  • Great central location, walking distance to downtown, schools, parks

Description:

This triplex is situated in a preferred old central Woodstock neighbourhood. 116 Riddell st consists of a three bedroom, two bathroom two-storey-attached home with a full basement, fenced yard access, covered front porch, hardwood floors, forced air heat, laundry hookups, and dedicated parking spot. 114 Riddell st is an up/down duplex, each one bedroom, one bathroom units, and shared basement access for storage and possible future laundry, with parking for each unit. Lower unit has a covered side porch, and some hardwood floors. Upper unit is a 1 bedroom plus den, with a sun porch. Shingles installed in 2015. Some appliances included. Fire Certificate and ESA available. Fully tenanted. Take ownership and start generating income immediately, or choose a unit to live in, and offset your cost of ownership with income from the other units!

 

Property Information

  • Property Status: SOLD
  • MLS#: 79184
  • Legal Description:  PL49 LT4 BLK D
  • Zoning: R-2
  • Property Size: 60.01′ X 132′
  • Water: Municipal
  • Sewage: Municipal
  • Taxes:  $3,332 (2016)

Residential Information:

  • Type of Dwelling: Two Storey Triplex
  • Approx. Age of Dwelling: Old/Unknown
  • Parking: Two driveways 5-6 spots
  • Exterior Finish: Aluminum Siding
  • Foundation: Stone
  • Basement: Full
  • Heating & A/C: Forced Air (1 furnace for 114 upper and lower, 1 furnace for 116)
  • Fuel: Natural Gas
  • Flooring: Hardwood, Carpet, vinyl
  • Fireplace(s): none functional
  • Roof: Shingles Installed 2015

Room Sizes:

 114 Lower

  • Kitchen – 11’9″ x 8’4″
  • Dining Room – 16’1″ x 9’11”
  • Bedroom – 14’9″ x 6’4″
  • Living Room – 16’1″ x 9’11”

114 Upper

  • Kitchen – 16’8″ x 8’5″
  • Bedroom – 16′ x 8’1″
  • Living Room – 13’5″ x 11’9″
  • Office/Nursery – 7′ x 6’4″

116 (Whole Unit – 3 bedroom 2 storey)

  • Kitchen – 11’9″ x 10’4″
  • Dining Room – 15’4″ x 11’2″
  • Living Room – 18’6″ x 10′
  • Master Bedroom – 18’6″ x 15’6″
  • Bedroom – 11’8″ x 9’7″
  • Bedroom – 11’9″ x 10’9″

 


Fill in the form below to ask a question, or book a showing for this fantastic house!

Listing Submission – 116 Riddle St.

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Agent Information

Ben Sage
Ben Sage
Broker, RE/MAX a-b Realty Ltd., Brokerage
  • Office: 519-536-7535
  • Fax: 519-536-9317