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 $77,000 annually in gross rental income and boasting an approximate 8% Cap Rate, its two driveways ensure hassle-free parking for tenants and guests. Nestled in a peaceful 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. (id:52316)
HOMELIFE SUPERSTARS REAL ESTATE LIMITED
$891,000
80-84 REEVE STREET, Woodstock, Ontario
6 Bedrooms
Property
MLS® Number: X12402312
Address: 80-84 REEVE STREET
City: Woodstock
Utilities
Central Air: Yes
Heating: Baseboard Heaters
Parking
Parking Spaces: 8
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Property Sale History
Travel and Neighbourhood
88/100Walk Score®
Very Walkable
Location
