About 45 Mechanic Street
Welcome to this fantastic investment opportunity! This triplex is situated within walking distance to schools, hospital, and downtown shopping. The building is vinyl sided with gravel driveway with 3 parking spots. Unit 1, on the second floor at the front, is currently rented for $450 per month plus utilities. This unit features an eat-in kitchen, a living room, bedroom, and ensuite bathroom making it an ideal space for a single person or a couple. Unit 2, located on second floor at the back, is currently rented for $575 per month plus utilities. This unit has an eat-in kitchen, a living room, bedroom, and ensuite bathroom. Unit 3, located on the main floor, is currently rented for $550 per month plus utilities. This unit has an eat-in kitchen, living room, two bedrooms, and Jack and Jill bathroom. Units 1 & 2 are heated with electric baseboard, and Unit 3 is heated with an oil furnace, making them easy to maintain and operate. There is a large unfinished storage area at the front of the building on the main floor, possibility for a bachelor apartment, remodeled with unit 3 for a larger unit or used as rented storage. With the current rental rates, this property has great income potential and is an excellent opportunity for investors. Don't miss out on this fantastic investment opportunity! Be sure to check out the 3D Tour and floor plans for more details. Book your viewing today and start imagining all the ways you can maximize your returns with this excellent property.
