PROPERTY INFO
ATTENTION INVESTORS! Solid brick turnkey triplex in London's SoHo neighbourhood delivering immediate cash flow and excellent upside. This asset generates $47,700 in gross annual income with an estimated NOI of ~$35,129, delivering a highly attractive 6.57% Cap Rate.The building features three strong units: a 2-bed front unit ($1,650), a 1-bed main floor rear unit ($1,275), and a 1-bed basement unit ($1,050). Exceptional bonus: the basement unit will be vacant July 1, 2026, offering immediate potential to set fresh market rents, optimize the space, or owner-occupy.Landlord peace-of-mind is secured with a recently passed city fire inspection, a roof in good condition, and robust mechanicals including central heating and AC in good working order.Excellent tenant amenities include shared side-entrance laundry, a nice backyard, and parking for 5 vehicles (1 front, ~4 rear). Low-maintenance all-inclusive utility setup. A standout addition to your portfolio! (id:4555)
