45 Mechanic Street

Description

Excellent investment opportunity! This well-maintained triplex is ideally located within walking distance to schools, the hospital, downtown shopping, and other amenities. The property features low-maintenance vinyl siding, a gravel driveway with parking for three vehicles, and a new metal roof. Two of the three units have been recently renovated with new flooring, new carpet, updated lighting, and fresh cosmetic improvements, enhancing both tenant appeal and value. The building offers three self-contained units, including two one-bedroom apartments and one two-bedroom apartment. One unit is currently vacant, providing an excellent opportunity for a new owner to set market rent and maximize income potential. Units 1 and 2 are heated with electric baseboards, while Unit 3 is serviced by an oil furnace. A large unfinished storage area on the main floor offers potential for additional income, future development, or expansion of the existing living space, subject to municipal approvals. With recent upgrades, strong income potential, and a convenient location, this property is an excellent addition to any investment portfolio! Can also be purchased in conjunction with 42 Pleasant Street for an expanded investment opportunity! (id:56844)