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Key Details
Sold Price -
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 609 - Alfred
MLS Listing ID X13472820
Sold Date -
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,191
Tax Year 2025
Property Sub-Type Detached
Property Description
Fantastic investment opportunity or house-hacking gem in the expanding suburb of Alfred! This triplex generates a powerful $55,116 in annual gross rent ($4,593/month) with a Net Operating Income (NOI) of $40,394, delivering an exceptional cap rate. The property features 5 total bedrooms across three distinct levels, All units have separate heating controls: Upper Unit: Bright living space with its own private outdoor patio. Main Unit: Highly unique split-layout featuring an independent, sublet-ready suite with its own private entrance, kitchen, and bathroom. Shares a common laundry area. Basement Unit: Separate lower-level apartment boasting a private walk-out patio. The massive backyard easily accommodates parking for 4 vehicles. Perfectly situated approximately one hour from both Ottawa and Montreal, this versatile property is ideal for savvy investors or buyers looking to live in one unit while offsetting their mortgage. Schedule your viewing today! Updates: All 4 bathrooms have been updated in last 3 years, Shingles 2 years, Boiler Combi 3 Years. All units rented to adults only no children. 24hrs irrevocable on all offers.
Location
Province ON
County Prescott And Russell
Area Prescott And Russell
Rooms
Family Room No
Basement Apartment
Kitchen 4
Interior
Interior Features Separate Heating Controls
Cooling None
Exterior
Pool None
Roof Type Metal,Shingles
Lot Frontage 45.82
Lot Depth 115.5
Total Parking Spaces 4
Building
Foundation Unknown
Others
Senior Community No
ParcelsYN No
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