42 Wellington Street, Kawartha Lakes (Lindsay), Ontario

About 42 Wellington Street

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:6289)

More Info on this Lindsay Other MLS® listing

42 Wellington Street is an other listing for sale in Kawartha Lakes (Lindsay). The MLS® number is X14109296. It features 5 bedrooms, 4 bathrooms. It's currently listed for $579,900. For more details on MLS® X14109296, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in Lindsay is available now!

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