A must-see investment opportunity in the heart of St. Isidore, just 45 minutes from Ottawa or Cornwall. This well-maintained triplex is currently owner-occupied, generating a CAP rate of 2.04% with the potential to increase to 8.52% within the year. Unit A (owner-occupied) is a spacious 3+1 bedroom, 1.5 bath unit with ample storage, a partially finished basement, and a 1.5-car attached garage. Unit B is a 1-bedroom, 1-bath unit recently renovated throughout, excluding only the tub and built-in bathroom cabinets. Unit C offers a generous layout with 1 bedroom, an office, and a storage room. All tenants are A+ and maintain their units well. Over $40,000 in upgrades have been completed in the past five years, including a propane furnace and central air conversion (2020), metal roof on Unit A and flat roof on Unit C and garage (2021), thermal insulation in Unit C crawl space (2022), new windows in Units A & B, new exterior door and siding (Unit B), and a full interior renovation of Unit B with luxury vinyl plank flooring and updated kitchen (2023). Additional updates in (2024) include concrete work in the tunnel and garage north wall interior. In (2025), a new drop ceiling in Unit As basement, updated plumbing stack, taps, tub surround, new Sump Pump. Dont miss your chance to invest in a solid property with strong income potential and great long-term value. (id:59697)
| MLS® Number | X12220567 |
| Property Type | Multi-family |
| Community Name | 605 - The Nation Municipality |
| Amenities Near By | Park, Place Of Worship |
| Equipment Type | Propane Tank |
| Features | Sump Pump |
| Parking Space Total | 13 |
| Rental Equipment Type | Propane Tank |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Amenities | Separate Heating Controls |
| Appliances | Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator |
| Basement Development | Partially Finished |
| Basement Type | Crawl Space (partially Finished) |
| Ceiling Type | Suspended Ceiling |
| Construction Status | Insulation Upgraded |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Concrete Block |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block, Stone |
| Half Bath Total | 1 |
| Heating Fuel | Propane |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| Land Amenities | Park, Place Of Worship |
| Sewer | Sanitary Sewer |
| Size Depth | 134 Ft |
| Size Frontage | 56 Ft |
| Size Irregular | 56 X 134 Ft |
| Size Total Text | 56 X 134 Ft |
| Zoning Description | Vc: Village Core |
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
Contact us for more information
Shawn Loader
Salesperson
(613) 937-4445
(613) 937-4443
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