583 Maitland ST Active Save Request In-Person Tour Request Virtual Tour
London East,ON N6B 2Z8
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision East F
MLS Listing ID X12467478
Style 2-Storey
Annual Tax Amount $5,515
Tax Year 2025
Property Sub-Type Triplex
Property Description
Fantastic investment opportunity. Purpose built 2 story 2+1 bedroom townhouse style triplex. Updated top to bottom. Completely self contained. All with full basements with family and laundry rooms and separate furnaces. Rents are Unit Unit #1$1937, Unit #2 $1879. and Unit #3 $1890. monthly plus utilities and an additional $95.p/m for water. Annual Net income is $61,539.00 Well-maintained triplex with solid income. At asking price, cap rate is approximately 6.2%. Clean numbers and minimal expense exposure due to tenant-paid utilities.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Zoning R3-2
Rooms
Family Room No
Kitchen 0
Interior
Cooling Other
Exterior
Exterior Feature Patio
Parking Features Lane,Private
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle
Building
Building Age 51-99
Foundation Poured Concrete