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502 BRUCE STREET South Bruce Peninsula

502 BRUCE STREET, South Bruce Peninsula

$439,900

2,606 Square Feet
This fully rented triplex is a fantastic opportunity for investors seeking a low-maintenance, income-generating property in the charming community of Hepworth. Featuring three spacious 2-bedroom, 1-bath units, each offering generous living space, this property is already delivering strong returns with a total annual income of $38,940.Tenants appreciate the updates and thoughtful layout: Unit 1: Fully renovated in 2023 rented at $1,300/month, Unit 2: Bathroom updated in 2021 rented at $1,000/month, Unit 3: Rented at $945/month. Recent upgrades include exterior masonry work (2021), a new boiler (2022), and a freshly re-graveled driveway in 2025. Two of the units (both main floor) include private garage spaces, and there's ample parking for all. The expansive backyard offers extra appeal for tenants and future value potential. With annual expenses of just $10,733, this property offers a solid net income and reliable cash flow from day one. Don't miss this opportunity to add a well-maintained, fully occupied triplex to your investment portfolio! (id:45839)
  • Listing ID: X12248749
  • Property Type: Multi-family
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Details

  • Features: Irregular lot size
  • Parking Spaces: 4
  • Transaction: For sale
  • Zoning Description: C1A

Building

  • Appliances: Dryer, Washer
  • Fireplace Present: False
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Size Interior: 2606 sqft
  • Type: Multi-Family

Land

  • Size Depth: 264 ft
  • Size Frontage: 64 ft
  • Size Irregular: 64 x 264 FT

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    Looking for more information or to schedule a showing? Contact Christine Smith today.

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    This property for sale is located at 502 BRUCE STREET in South Bruce Peninsula. It was last modified on June 26th, 2025. Contact Christine Smith to schedule a viewing or to discover other South Bruce Peninsula properties for sale.

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