Analysis advice on triplex plus single home

[Jeffrey Boudreau]

I've been digging into the following rental property and need a bit of help determining if it would be a good purchase. Unfortunately there are no internal photos and I haven't been inside yet. This is preliminary. I've also noticed that this is in a more sketchy location of the city.

MLS: 1019672 (28 Marlborough Street South, Cornwall)

A bit of a breakdown:

- Asking $155,000, last assessed for $110,000

- Rented for $27,900 / year

- Expenses are $15,000, with the heating being $9000. I can only assume this is included in the rent. My agent is looking to find out why it's too dang high. I'm sure it can be altered significantly.

- Yearly property taxes are $3800

- Estimated water is $100 a month

What do you guys think of this? Deal or no deal? Thanks for the help!