57 Leonard Avenue, Kapuskasing, Ontario

About 57 Leonard Avenue

Fantastic opportunity to own a fully renovated and fully tenanted triplex in the quiet village of Moonbeam. This turn-key income property features three self-contained units, each with their own laundry hook-ups and separate hydro meters. Unit 1 offers three spacious bedrooms and was completely renovated in 2018, with flooring updated in 2021. Unit 2 includes two bedrooms and was upgraded several years ago, with new living room flooring installed in the summer of 2024. Unit 3 features three bedrooms and was fully renovated between 2019 and 2020, including a new kitchen, new floors, and fresh paint throughout. The building has seen numerous major upgrades, including new siding and windows in 2018, a metal roof and weeping tiles redone approximately 15 years ago, a new hot water boiler installed in January 2022, a hot water on demand system added in 2022, a new hot water tank in January 2024, and a water softener also installed in January 2024. The property has been fire and electrical retrofitted and is fully rented, offering strong cash flow and low maintenance. Perfect for investors or those looking to live in one unit and rent the others, with the added flexibility of use as an in-law or granny suite. A true turn-key investment in a peaceful, family-friendly community. (id:6289)

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