Listed by Royal Lepage Northern Life Realty, Brokerage.

332 Second Avenue E is a Triplex, 3-Storey and is currently for Sale @ $499,900. Taxes in 2024 were $4,200.00.

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332 Second Avenue E is a well-maintained triplex that has seen several updates over the years. The 3-Storey on 332 Second Avenue E has 5 bedrooms, 3 bathrooms, and is located on a 132.00 x 33.00 ft lot in the community of Central . Whether you're looking to live in one unit and collect rent from the others or just looking for a great investment opportunity, then look no further. This property is centrally located close to all amenities, including shopping, transit, and more. Unit 1 on the main floor has been renovated from the studs and is a large 1-bedroom, 1-bathroom unit with it's own laundry room and is currently renting for $1435 per month inclusive. Unit 2 on the second floor has 2 bedrooms and 1 bathroom with laundry and is currently collecting $1155.69 per month, inclusive. Unit 3 on the top floor has seen many updates and upgrades, boasting a 2 bedroom and 1 bathroom that currently generates $1425 a month, inclusive. This building has been well maintained over the years, with the foundation being reinforced, updated electrical, fire retrofit, and the updated roof in 2020. Gross income is $48,188.28 annually, with lots of opportunity to increase equity and with the separate hydro meters for each unit to minimize your expenses, you don't want to miss out on this opportunity.

The address 332 Second Avenue E was listed for sale (MLS# X11986882) on Tuesday, February 25, 2025.