Triplex 2-Storey for sale in Iroquois Falls

221 Devonshire Avenue, Iroquois Falls, ON
$269,000
For Sale
  • 221 Devonshire Avenue, Iroquois Falls, ON
  • 269,000

Description

Outstanding Investment Opportunity in Iroquois Falls, ON: 2-Storey Triplex. Features three spacious units: a 4-bedroom, a 2-bedroom, and a 1-bedroom currently vacant, ideal for owner-occupier or new tenant at market rent. Two units are already tenanted, generating solid cash flow. Key Financials: Gross Income Multiplier (GIM): 7X, Net Operating Income (NOI): $25,980, Cap Rate: 9.66%, Gross Rent Multiplier (GRM): 7, Operating Expense Ratio (OER): 28.78%. A strong-performing asset perfect for investors seeking immediate income and long-term upside. Don't miss this rare opportunity. Call or text Jacques (Jack) Pepin @ 705-221-5597.

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Details

  • Bathrooms: 3
  • Bedrooms: 6
  • For Sale By: Professional
  • Size (sqft):

Location

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