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Home ON Woodstock
80-84 REEVE Street
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80-84 REEVE Street $799,000
$799,000
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80-84 REEVE Street
Woodstock, Ontario N4S3G6

MLS® Number: 40646086
6
Bedrooms
3
Bathrooms
1992
Square Feet

Listing Description

Unlock unparalleled investment potential with this exceptional triplex in Woodstock, featuring two ground-level apartments and one upper unit. With a detached garage, over 8 parking spaces, and a vast fully fenced rear yard, this property sets the stage for success. Generating a remarkable $81,000 annually in gross rental income and boasting an approximate 9% Cap Rate, its two driveways ensure hassle-free parking for tenants and guests. Nestled in a peaceful neighborhood mere steps from downtown, grocery stores, and dining options, this turn-key investment guarantees both convenience and profitability. Complete with all appliances, individual laundry facilities, separate hydro meters, and private entrances for each unit, it prioritizes comfort and privacy. Whether expanding your portfolio or stepping into real estate for the first time, the seamless access to the 401 highway elevates its allure, solidifying its status as a coveted asset in Woodstock's thriving real estate landscape. (68057454)

Location Description

FROM DUNDAS STREET, LEFT ON REEVE ST. - PROPERTY ON THE RIGHT SIDE

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Square Footage
1992 sqft
Subdivision Name
Woodstock - South
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$3,600
Parking Type
Detached Garage
Time on REALTOR.ca
68 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Foundation Type
Stone
Rental Equipment
Water Heater
Structures
Shed
Total Units
4
Heating & Cooling
Cooling
Wall unit
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit
Parking
Parking Type
Detached Garage
Total Parking Spaces
9

Measurements

Square Footage
1992 sqft
Above Grade Finished
1992 sqft
Source: Other

Land

Lot Features
Fencing
Partially fenced
Frontage
66 ft
Land Depth
84 ft
Other Property Information
Zoning Description
C3
Data provided by: Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR) Unit #6 - 65 Springbank, Woodstock, Ontario N4S 8V8

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