486 JESSUP ST, Prescott K0E 1T0
Listed at $239,900 MLS#1125819
Lot size: 50 x 163 Taxes: $2151/2017
Income: $25,956 / year
Cash flow: $15,750
Attention investors!! Great opportunity to own this all brick Triplex in the beautiful community of Prescott! Current owner has had many upgrades done over the years including vinyl windows, roof (10 years), 2 gas furnaces (10 years), gas wall heater in unit 2 (2014), purchased 3 hot water tanks, plus general repairs. Long term tenants with 2 direct pay by government. Back 2 bedroom pays $558 a month plus all utilities but with huge upside on the rents if ever vacated and renovated. The two front units pay $802 per month, all inclusive of heat, hydro, and water. Separate gas meters (2) and hydro meters (3) would allow a new owner to change current model. Large "attic" space not being used at all but with the potential of being renovated and used with upstairs 1 bedroom unit. Attic space if renovated would/could make the current upstairs 1 bedroom unit into a 2 or 3 bedroom/2 storey unit. The apartments are spacious, high ceilings, and each unit with eat in kitchens.