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$ 599,000
Est. payment /mo
New
91 Rolph ST Tillsonburg, ON N4G 3Y2
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Tillsonburg
MLS Listing ID X12071980
Style 2-Storey
Bedrooms 6
Building Age 100+
Annual Tax Amount $4,472
Tax Year 2024
Property Sub-Type Triplex
Property Description
This triplex presents a rare opportunity for savvy investors, developers, or experienced DIY enthusiasts looking to restore a property to its former glory-or better. This building is generally mechanically sound, offering a strong foundation, new windows & roofing and reliable systems, but it is in need of interior updating. If you have the vision and the skills to modernize and refresh, this is your chance to turn a solid structure into a high-performing income property or an exceptional multi-unit home. Situated in a desirable neighborhood, this property is just waiting to be renovated, offering endless potential for those ready to take on a rewarding project poised for future appreciation with the right investment. Two of the three units, each with their own character and charm, require work. However, the generous square footage, spacious layouts, hardwood flooring/trim and favorable zoning make it an ideal candidate for a complete transformation. Significant potential for value-add improvements, including kitchens, bathrooms, and finishes. The third unit is currently rented at market value (plus utilities) and requires little to no work, making it a stable income source while you renovate the other two vacant units. Whether you're looking to upgrade the property for long-term rentals, prepare it for resale, or transform the space into something unique, this triplex offers an excellent canvas to work with. Bring your vision and your hammer-this property needs work-but with the right touches, it could be converted into a profitable rental property or an impressive single-family home. The location is ideal, offering easy downtown access with excellent onsite parking. This triplex is a blank canvas awaiting a visionary buyer who is not afraid to roll up their sleeves and invest sweat equity. Its a rare find that promises a huge upside once renovated-don't miss out on the opportunity to turn this fixer-upper into a shining gem!
Location
Province ON
County Oxford
Community Tillsonburg
Area Oxford
Rooms
Family Room No
Basement Full
Kitchen 3
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch, Deck
Pool None
Roof Type Asphalt Shingle,Metal
Topography Flat
Lot Frontage 67.18
Lot Depth 167.96
Total Parking Spaces 6
Building
Foundation Concrete
Others
ParcelsYN No
Listed by Coldwell Banker G.R. Paret Realty Limited Brokerage