$579,900 Sale

Listed 1 day

42 WELLINGTON STREET

MLS® x14109296 Multi Family

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Beds · 5

Baths · 4.0

Parking · 8

Sqft · 2000 - 2500

Est. mortgage

$2,200/mo

Key Facts

Key facts for 42 WELLINGTON STREET

Property Type

Apartment

Parking

Garage: Yes, 8 parking

MLS #

X14109296

Size

2000 - 2500 sqft

Basement

Unfinished, N/A (Unfinished)

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Centrally located legal non-conforming brick triplex generating $5,140/month in gross rental income, situated on a generous 50 x 200 ft lot with excellent future potential. This income-producing property offers approximately 2,300 sq ft of living space across three residential units, three separate ...hydro meters, ample parking, and two additional rented detached structures providing supplementary rental income.The unit mix includes an upper-level 2-bed, 1-bath apartment ($1,235/month); a main-floor 2-bed, 1-bath apartment ($1,219/month); and an updated main-floor 1-bed, 1-bath apartment ($1,786/month). Additional rental income comes from a detached brick double tandem garage, currently leased at $500/month, and a separate two-storey barn, leased at $400/month. An unfinished basement provides free shared laundry for tenants along with additional storage space.Set on a substantial 200-foot-deep lot with plenty of parking, just steps from downtown Lindsay, Kent Street shopping and dining, the new Foundry development, and everyday amenities. An excellent investment opportunity with strong existing rental income, multiple income streams, and a large lot in a convenient central location. (id:10452)

Full Property Details

Interior

Bedrooms

Washrooms

4.0

Square Footage

2000 - 2500 sqft

Basement

Unfinished, N/A (Unfinished)

Heating Source

Natural gas

Heating Type

Radiant heat

Air Conditioning

Wall unit

Kitchens

Full Bathrooms

Half Bathrooms

Flooring Type

Vinyl

Bedrooms

Washrooms

4.0

Square Footage

2000 - 2500 sqft

Basement

Unfinished, N/A (Unfinished)

Heating Source

Natural gas

Heating Type

Radiant heat

Air Conditioning

Wall unit

Kitchens

Full Bathrooms

Half Bathrooms

Flooring Type

Vinyl

Exterior

Acreage

50.7 x 200.5 FT

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

Acreage

50.7 x 200.5 FT

Parking Spaces

Garage Spaces Y/N

Yes

Zoning Description

Building Description

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Exterior

Brick

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

Lindsay

Area Code

Kawartha Lakes (Lindsay)

Community

Lindsay

Area Code

Kawartha Lakes (Lindsay)

Other

Virtual Tour Link

https://unbranded.youriguide.com/42_wellington_st_kawartha_lakes_on/

Virtual Tour Link

https://unbranded.youriguide.com/42_wellington_st_kawartha_lakes_on/

Room Types

Bathroom

Dimensions 2.82 m x 2.47 m

74.97 sqft

Bedroom

Dimensions 2.34 m x 3.13 m

78.84 sqft

Bedroom

Dimensions 3.35 m x 2.84 m

102.41 sqft

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Email: [email protected] Cell: 647-360-6433