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CAONIroquois Falls219-221 Devonshire Ave
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219-221 Devonshire Ave, Iroquois Falls, ON

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734

MLS® T12234502

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage No
Taxes $2,600
Lot Size 
Approx. Age 
MLS® Number T12234502

Property Address: 219-221 Devonshire Ave, Iroquois Falls, ON, P0K

Average square foot calculated using Size range provided by listing agent.

Description

Outstanding Investment Opportunity: 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.Show Description
MLS® NumberT12234502
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementUnfinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

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219-221 Devonshire Ave, Iroquois Falls, ON

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