Address
531 George Street, Hearst, ON
Price
$ 252,000
Property Attributes
- ID#T13786456
- TypeMulti-Family
- Listing Status Active
- MunicipalityHearst
- CityHearst
- AreaHearst
- NeighbourhoodHearst
- Postal CodeP0L 1N0
- Style
- Price$ 252,000
- Bedrooms6
- Bathrooms3
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Some investments feel complicated. Others simply make sense. Located in the heart of Hearst, this well maintained triplex offers the kind of opportunity investors are always hoping to find. With a current cap rate of 5.78%, this property provides a stable and reliable foundation whether you are purchasing your first income property or adding another quality asset to a growing portfolio. The building is home to clean, respectful long term tenants who take pride in where they live, helping create a low maintenance ownership experience. Each unit benefits from two dedicated parking spaces and its own private storage shed, features that tenants appreciate and value. Utilities are paid directly by the tenants, with the exception of water, helping keep operating costs predictable. Recent updates include a newly redone roof, offering added peace of mind for years to come. If you have been searching for an investment that combines steady income, quality tenants, and a convenient location, this triplex is one worth a closer look. (id:7434)
General Features
| Property Type | Multi-family |
|---|---|
| Zoning Description | RM1 |
| CommunityName | Hearst |
| Building Age | 51 to 99 years |
| Building Appliances | Water Heater |
| Building Basement Features | Apartment in basement |
| Building Cooling Type | None |
| Location Description | Cross Streets: George. ** Directions: From Hwy 11 turn in 6th Street then on George Street. |
| Parking Space Total | 6 |
| Foundation Type | Block |
| Building Type | Triplex |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Fuel | Natural gas |
| Basement Type | N/A |
| Living Area Range | 1500 |
| Bedrooms | 6 |
Exterior Features
| Sewer | Sanitary sewer |
|---|---|
| Exterior Finish | Vinyl siding |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in P0L 1N0
Price
