Fill out the form below and I will respond with more details on this property and how I can help you obtain it 🙂
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
No Favourites Found
This triplex presents a rare opportunity for savvy investors, developers, or experienced DIY enthusiasts looking to restore a property to its former glory-or better. This building is generally mechanically sound, offering a strong foundation, new windows & roofing and reliable systems, but it is in need of interior updating. If you have the vision and the skills to modernize and refresh, this is your chance to turn a solid structure into a high-performing income property or an exceptional multi-unit home. Situated in a desirable neighborhood, this property is just waiting to be renovated, offering endless potential for those ready to take on a rewarding project poised for future appreciation with the right investment. Two of the three units, each with their own character and charm, require work. However, the generous square footage, spacious layouts, hardwood flooring/trim and favorable zoning make it an ideal candidate for a complete transformation. Significant potential for value-add improvements, including kitchens, bathrooms, and finishes. The third unit is currently rented at market value (plus utilities) and requires little to no work, making it a stable income source while you renovate the other two vacant units. Whether you're looking to upgrade the property for long-term rentals, prepare it for resale, or transform the space into something unique, this triplex offers an excellent canvas to work with. Bring your vision and your hammer-this property needs work-but with the right touches, it could be converted into a profitable rental property or an impressive single-family home. The location is ideal, offering easy downtown access with excellent onsite parking. This triplex is a blank canvas awaiting a visionary buyer who is not afraid to roll up their sleeves and invest sweat equity. Its a rare find that promises a huge upside once renovated-don't miss out on the opportunity to turn this fixer-upper into a shining gem! (id:51914)
MLS® Number | X12071980 |
Property Type | Multi-family |
Community Name | Tillsonburg |
Equipment Type | Water Heater |
Features | Flat Site |
Parking Space Total | 6 |
Rental Equipment Type | Water Heater |
Structure | Porch, Deck |
Bathroom Total | 3 |
Bedrooms Above Ground | 6 |
Bedrooms Total | 6 |
Age | 100+ Years |
Appliances | Water Meter |
Basement Type | Full |
Exterior Finish | Brick, Stucco |
Foundation Type | Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 3,000 - 3,500 Ft2 |
Type | Triplex |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 168 Ft |
Size Frontage | 67 Ft ,2 In |
Size Irregular | 67.2 X 168 Ft |
Size Total Text | 67.2 X 168 Ft|under 1/2 Acre |
Zoning Description | R3 |
Cable | Available |
Sewer | Installed |
https://www.realtor.ca/real-estate/28142716/91-rolph-street-tillsonburg-tillsonburg
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)