New

Updated Triplex in Excellent Wallingford Location

$369,000
  • 5 Rooms
  • 3 Bathrooms
  • ~269 m² Total surface
  • ~223 m² Living area
  • Construction year 1900

Description

Investors and owner-occupants: take note! This well-maintained three-unit property in East Wallingford offers flexibility, income potential, and a convenient location. Whether you're looking to expand your rental portfolio, offset your mortgage with rental income, or create a multi-generational living arrangement, this property offers various possibilities. The upper-level apartment features three bedrooms, a spacious carpeted living room, and a full bath, providing comfortable living space for a larger household. The lower level is divided into two separate one-bedroom, one-bath units, creating three distinct rental opportunities under one roof. The apartments are clean, updated, and move-in/rent-ready, with numerous improvements throughout. Multiple upgrades have also been made to the mechanical systems, providing a solid foundation for the next owner. Each unit has its own electric meter, with tenants responsible for their individual electric costs, helping keep ownership expenses manageable. A separate detached garage adds even more value, featuring electricity and a poured concrete floor. Use it for additional storage, additional rental income a workshop, parking, or as an added amenity for tenants. Conveniently located in East Wallingford, this property offers easy access to area amenities while providing the versatility and income potential that today's investors are looking for.
Features
BasementGarage
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Engel & Völkers Okemo

Your advisor: Gail Beardmore

Property ID: AM-5533590

Property details
  • Object type

    Apartment house

  • Rooms

    5

  • Bathrooms

    3

  • Number of Floors

    2

  • Parking spaces

    1

  • Total surface

    ~269 m²

  • Living area

    ~223 m²

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