531 GEORGE STREET
Hearst, Ontario
MLS® T13786456
$252,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- T13786456
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- —
1 / 15Listing description
Some investments feel complicated. Others simply make sense. Located in the heart of Hearst, this well maintained triplex offers the kind of opportunity investors are always hoping to find.
With a current cap rate of 5. 78%, this property provides a stable and reliable foundation whether you are purchasing your first income property or adding another quality asset to a growing portfolio. The building is home to clean, respectful long term tenants who take pride in where they live, helping create a low maintenance ownership experience.
Each unit benefits from two dedicated parking spaces and its own private storage shed, features that tenants appreciate and value. Utilities are paid directly by the tenants, with the exception of water, helping keep operating costs predictable. Recent updates include a newly redone roof, offering added peace of mind for years to come.
If you have been searching for an investment that combines steady income, quality tenants, and a convenient location, this triplex is one worth a closer look.
Property summary
- MLS® number
- T13786456
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 66 x 82.5 FT
- Annual property taxes
- $1,914.24
- Parking
- 6 spaces · No Garage
- Days on market
- 1 day
Features & details
- Heating
- Natural gas
- Cooling
- None
- Basement
- Apartment in basement, N/A
- Appliances
- Water Heater
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $252,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX CROWN REALTY (1989) INC, Timmins.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.