583 Maitland ST new 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
Basement Finished
Kitchen 0
Interior
Interior Features Separate Hydro Meter
Cooling Other
Exterior
Exterior Feature Patio
Parking Features Lane,Private
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 34.19
Lot Depth 150.95
Total Parking Spaces 6
Building
Building Age 51-99
Foundation Poured Concrete
Others
Senior Community No
ParcelsYN Yes