Triplex Opportunity In Burlington

Not on MLS®

$1,549,000

For Sale: Multifamily in Burlington, ON

Jonathan Orlando

Realtor

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Description

Potential triplex Investment Opportunity in Aldershot, Burlington Welcome to this exceptional triplex located in the highly desirable Aldershot neighborhood in the picturesque city of Burlington. This unique property is an investor's dream, offering a fantastic opportunity with a projected cap rate of 5.2% Key Features: Spacious Layout: This triplex boasts a rough-in for a third unit on the second floor, with simple alterations needed to unlock its full potential. Each unit has their own laundry unit currently. Expansive Lot: Situated on a grand 50 x 177-foot lot, there is ample space for parking and the potential for a garden suite, adding even more value. Desirable Location: Nestled in the sought-after Aldershot neighborhood, you'll enjoy the charm and convenience of Burlington living, with easy access to local amenities, parks, and excellent schools. Investment Highlights: High Cap Rate: With a projected cap rate of over 5%, this property is an excellent addition to any investment portfolio. Future Potential: The rough-in for the third unit and the spacious lot offer plenty of room for future growth and increased rental income. Asking Price: $1,549,000 Don't miss out on this rare investment opportunity in one of Burlington's most coveted neighborhoods. Contact us today to schedule a viewing and explore the potential of this fantastic triplex!

Location & nearby

This listing is located in Burlington, ON L7T 1G1

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