ID#: WD80344 Status: For Sale   Date Listed: 2017-09-07

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$359,900
Location:

114-116 RIDDELL Street, Woodstock Ontario

Description:
Time to start building passive income? If you have been thinking of getting into residential Real Estate Investing, take a look at this option! The property is cash flow positive, with long term tenants. This turnkey triplex property features a full two storey, 3 bedroom home, and an attached duplex, each unit 1 bedroom, situated in a great area, with lots of parking, and walking distance to schools and downtown. Annual gross rental income is approximately $26,928, and expenses are approximately $5,972. This would also be an excellent property for an owner to live in one unit and supplement their mortgage payments with income from the other two apartments. Recent ESA and Fire Safety Certificate available. Includes some appliances. Structure once contained UFFI, now removed. Shingles recently replaced.
Property:
Type: Multi Family2017 Taxes: $3,332
Lot Dimensions: 60.01 X 132
Sewer: MunicipalWater: Municipal
Structure:
Type: Multi-Unit Site
Heating: Forced Air, Natural Gas
Exterior: Vinyl Siding
Features:
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114-116 RIDDELL Street, Woodstock Ontario

RE/MAX a-b Realty Ltd., Brokerage* - Woodstock

Janice Costa
Janice Costa
Sales Representative

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Telephone:
519-536-7535

Cellular:
519.209.2678


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**Broker *Sales Representative
Woodstock Office
463 Dundas St. Woodstock, Ontario N4S 1C2
T 519-536-7535 | F 519-536-9317
remaxab@oxfordcountyhomes.ca
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