Size
-
Lot size
5292 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$2,552.11 (2026)
Parking Type
-
Style
Other
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Description
Excellent investment opportunity at 32 Wallace Terrace! This fully tenanted duplex offers an impressive 11.39% cap rate, with additional income potential through the creation of a third unit. Legally zoned for a triplex, the property currently features one two-bedroom unit and one one-bedroom unit, while the upper level is ready to be renovated into an additional unit. Most of the materials required to complete the renovation are included with the sale. Tenants pay their own PUC utilities, helping to keep operating costs low. Additional highlights include a durable metal roof and a garage offering valuable storage space. A fantastic opportunity for investors looking for immediate rental income with room to grow!
Broker: Exit Realty True North
MLS®#: X13888252
Property details
Parking:
2
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
Other
MLS Size:
-
Lot front:
42 Ft
Lot depth:
126 Ft
Listed on:
Sep 23, 2026
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Instant estimate:
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$31,983
higher than listed pricei
High
$257,423
Mid
$241,883
Low
$235,303
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1/30
$186,000
17 days
2BD
1BA
0 Parking
0-700 sqft
MLS#: X13888498
Century 21 Choice Realty Inc.
1/28
$199,900
21 days
4BD
2BA
0 Parking
1,100-1,500 sqft
MLS#: X13888246
Century 21 Choice Realty Inc.