583 Maitland St, London East, Ontario N6B 2Z8

Fantastic investment opportunity. Purpose built 2 story 2+1 bedroom townhouse style triplex. Updated top to bottom. Completely self contained. All with full basements with family and laundry rooms and separate furnaces. Rents are Unit Unit #1$1937, Unit #2 $1879. and Unit #3 $1890. monthly plus utilities and an additional $95.p/m for water. Annual Net income is $61,539.00 Well-maintained triplex with solid income. At asking price, cap rate is approximately 6.2%. Clean numbers and minimal expense exposure due to tenant-paid utilities.