Quick Summary
Quick Summary
- Fully occupied multi-residential investment property
- Separate metering for utilities, providing positive cash flow
- Vacant unit ready for new tenant, projected rent of $2000/month
- Fenced backyards and parking spots for both units
- Hardwood floors, ornate woodwork, and crown molding in vacant unit
- Gas furnace and central air conditioning in vacant unit
- Appliances and laundry equipment included for both units
- Minimal landlord expenses for this investment property
Solid investment opportunity with this brick & stucco side-by-side duplex. One unit fully occupied & the other unit recently empty & ready for the next owner to choose their own tenant & set their own rents. No need to assume tenancies with rents far too low, this multi-residential home can provide positive cash flow right away. Both... Show More
Solid investment opportunity with this brick & stucco side-by-side duplex. One unit fully occupied & the other unit recently empty & ready for the next owner to choose their own tenant & set their own rents. No need to assume tenancies with rents far too low, this multi-residential home can provide positive cash flow right away. Both units metered separately for: gas, hydro & water/sewer. Unit A is a 2 bed, 1 bath, 2sty unit with tenant paying $1600/mth ++. Tenant has been in place since Dec. 2023 & has a 1yr lease. Unit has a wrap-around front porch, fully fenced backyard & 1 parking spot. Heating is gas wall furnace & Electric baseboards. Unit B is vacant & ready for the open market. This bungalow layout has 2 bdrms, 1 bath, formal living rm & dining rms, eat-in kitchen & patio door to fenced backyard. It also has full, unfinished bsmt with laundry plus: hdwd flooring, ornate woodwork, crown moulding, gas furnace, C/Air & 1 parking spot. Great addition to your investment portfolio. **** EXTRAS **** Projected rent for vacant unit is approx. $2000/mth++ for a total potential GROSS rent of $43,200 annually. Duplex includes: 2 fridges, 2 stoves, 2 sets of washers/dryers, 2 HWTs (all owned by Landlord). Minimal landlord expenses. (id:54626)
Additional Media
View Additional Media
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Bedroom 2
6′11″ x 13′7″
Primary Bedroom
11′1″ x 16′6″
Kitchen
8′6″ x 10′8″
Dining room
14′2″ x 11′3″
Living room
11′5″ x 17′9″
Primary Bedroom
9′10″ x 11′8″
Source
Listing Brokerage
Book A Private Showing
For Sale Nearby
Sold Nearby
- 700 - 1,100 Sq. Ft.
- 4
- 2
- 1,100 - 1,500 Sq. Ft.
- 3
- 1
- 700 - 1,100 Sq. Ft.
- 3
- 1
- 700 - 1,100 Sq. Ft.
- 3
- 1
- 1,100 - 1,500 Sq. Ft.
- 3
- 1
- 1,100 - 1,500 Sq. Ft.
- 3
- 1
- 3
- 1
- 3
- 1
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.