144 GRAND RIVER Street N , Paris

3 Bed / 3 Bath / $649,000 / MLS® Listing #:40140682

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Opportunity, Opportunity, Opportunity! Triple the advantage of home ownership with this Triplex. With a new metal roof and detached garage this 2.5 storey bricked Triplex currently has 3 tenants making it a financially sound turn key income property. However, the real advantage to this property lies in the core commercial zoning - zoning that provides a unique opportunity to be part of the vibrant main street business community of downtown Paris. Join the many independent retailers and operate your own business with street level access in the bustling core of town, reside upstairs and offset expenses with rental income from the 3rd floor. This is the trifecta of opportunities a business, a home and additional income all in one place! Well known for its beauty with the Grand River as its backdrop, Paris was rated as the 7th best community in Canada by Macleans magazine in 2019. In addition, the town is experiencing a residential building boom that will expand the local consumer base for the foreseeable future. Put your business expertise to work here where life is Grand! Gross income $32,232 Net Income $22,307 (id:10452)

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Property Details

Property Type Triplex
Square Feet 1697.0000
Maintenance N/A
Days On Our Website 60
Basement Finished - Full (Finished)
Lot Dimensions under 1/2 acre
Pool N/A
Area Paris
Air Conditioning None
Heating Natural gas - Forced air
Exterior Brick
Parking Spaces 4
Parking Type Detached Garage,Detached Garage
Sewers Municipal sewage system
Water Municipal water

Listing Office: Peak Alliance Realty Inc.

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