3240 Lina Street, Val Caron

$750,000

For sale: Multiplex

Property type

Multi-family

MLS®

MLS® 2131097

Excellent investment opportunity! This solid, well-maintained, owner-built triplex is located on a quiet cul-de-sac in Val Caron, just a short walk to shopping, restaurants and many everyday amenities. Built with pride and carefully maintained over the years, the property features three spacious 2-bedroom, 1-bathroom units, each offering a private entrance and its own laundry facilities. All three units are bright and inviting with large windows, generous room sizes and no carpeting throughout. The main-floor unit features a covered rear deck leading to a lovely 3-season gazebo, providing additional space to relax and enjoy the outdoors. The upper unit also offers a covered rear deck, while the lower-level unit is bright and welcoming with large windows and a comfortable, functional layout. A paved triple driveway provides ample parking, along with an attached garage currently used by the main-floor unit. The exterior is finished in brick and siding, and the shingles were replaced in 2021. The property is heated electrically, with all utilities currently paid by the owner. An added benefit for investors is the exceptional tenant history. The upper and lower units are occupied by excellent, long-term tenants who have been in the property since it was built approximately 29 years ago and would like to remain. The main-floor unit is currently owner-occupied. Whether you're looking to expand your investment portfolio or purchase a well-established income property, this triplex offers a rare combination of solid construction, spacious units, long-term tenancy and a convenient location. NOTE: income and expense information is available in the supplementary documents and form 299 Sellers disclosure.