Triplex
6 Bedrooms
3 Bathrooms
Size: 3,000 sqft
Built in
$599,000
About this Triplex in Tillsonburg
This triplex presents a rare opportunity for savvy investors, developers, or experienced DIY enthusiasts looking to restore a property to its former glory-or better. This building is generally mechanically sound, offering a strong foundation, new windows & roofing and reliable systems, but it is in need of interior updating. If you have the vision and the skills to modernize and refresh, this is your chance to turn a solid structure into a high-performing income property or …an exceptional multi-unit home. Situated in a desirable neighborhood, this property is just waiting to be renovated, offering endless potential for those ready to take on a rewarding project poised for future appreciation with the right investment. Two of the three units, each with their own character and charm, require work. However, the generous square footage, spacious layouts, hardwood flooring/trim and favorable zoning make it an ideal candidate for a complete transformation. Significant potential for value-add improvements, including kitchens, bathrooms, and finishes. The third unit is currently rented at market value (plus utilities) and requires little to no work, making it a stable income source while you renovate the other two vacant units. Whether you\'re looking to upgrade the property for long-term rentals, prepare it for resale, or transform the space into something unique, this triplex offers an excellent canvas to work with. Bring your vision and your hammer-this property needs work-but with the right touches, it could be converted into a profitable rental property or an impressive single-family home. The location is ideal, offering easy downtown access with excellent onsite parking. This triplex is a blank canvas awaiting a visionary buyer who is not afraid to roll up their sleeves and invest sweat equity. Its a rare find that promises a huge upside once renovated-don\'t miss out on the opportunity to turn this fixer-upper into a shining gem! (id:14735)More About The Location
Rolph St. & Washington Grand Ave.
Listed by Coldwell Banker G.R. Paret Realty Limited Broker.
This triplex presents a rare opportunity for savvy investors, developers, or experienced DIY enthusiasts looking to restore a property to its former glory-or better. This building is generally mechanically sound, offering a strong foundation, new windows & roofing and reliable systems, but it is in need of interior updating. If you have the vision and the skills to modernize and refresh, this is your chance to turn a solid structure into a high-performing income property or an exceptional multi-unit home. Situated in a desirable neighborhood, this property is just waiting to be renovated, offering endless potential for those ready to take on a rewarding project poised for future appreciation with the right investment. Two of the three units, each with their own character and charm, require work. However, the generous square footage, spacious layouts, hardwood flooring/trim and favorable zoning make it an ideal candidate for a complete transformation. Significant potential for value-add improvements, including kitchens, bathrooms, and finishes. The third unit is currently rented at market value (plus utilities) and requires little to no work, making it a stable income source while you renovate the other two vacant units. Whether you\'re looking to upgrade the property for long-term rentals, prepare it for resale, or transform the space into something unique, this triplex offers an excellent canvas to work with. Bring your vision and your hammer-this property needs work-but with the right touches, it could be converted into a profitable rental property or an impressive single-family home. The location is ideal, offering easy downtown access with excellent onsite parking. This triplex is a blank canvas awaiting a visionary buyer who is not afraid to roll up their sleeves and invest sweat equity. Its a rare find that promises a huge upside once renovated-don\'t miss out on the opportunity to turn this fixer-upper into a shining gem! (id:14735)
More About The Location
Rolph St. & Washington Grand Ave.
Listed by Coldwell Banker G.R. Paret Realty Limited Broker.
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More Details
- MLS®: X12071980
- Bedrooms: 6
- Bathrooms: 3
- Type: Triplex
- Size: 3,000 sqft
- Full Baths: 3
- Parking: 6 (No Garage)
- Storeys: 2 storeys
- Construction: Concrete
Call Peak Peninsula Realty for a free consultation on your next move.
519.586.2626
More about Tillsonburg
Latitude: 42.8600858
Longitude: -80.7317785