Quick Summary
Quick Summary
- Lucrative investment property with two 1-bedroom units
- Separate hydro meters for each unit, generating $40,200/yr
- Convenient location near Avery beach, Hunters Bay Trail, downtown
- Peaceful dead-end street with private park and playground
- Bright interiors with large windows in both apartments
- Walkout deck with tree views from upper unit
- Recent fire retrofitting, new hot water tank, updated panels
- Flexible R3 zoning allows for potential development
Fantastic investment opportunity in downtown Huntsville! This legal duplex offers 2 clean and well kept 1 bedroom apartments with separate hydro meters. Both units will be rented at current market rents. Currently the upper level rents for $1700 plus hydro and the lower level for $1650 plus hydro. Low maintenance vinyl siding, walking... Show More
Fantastic investment opportunity in downtown Huntsville! This legal duplex offers 2 clean and well kept 1 bedroom apartments with separate hydro meters. Both units will be rented at current market rents. Currently the upper level rents for $1700 plus hydro and the lower level for $1650 plus hydro. Low maintenance vinyl siding, walking distance to Avery beach, Hunters Bay Trail, and downtown Huntsville. The duplex backs directly onto Irene street park and playground for added privacy and is set on a dead end road in a quiet neighbourhood. Both apartments have larger windows with sunlit interiors and their own washer/ dryer units. The upper apartment has a walkout to a private deck with views of surrounding trees. The current R3 zoning and how the building is set on the lot allows for further potential development or additions. In 2019 the duplex was fire retrofitted, a new hot water tank was added and the breaker panels were replaced and updated. So much income earning potential with fantastic tenants and very low maintenance costs! Total rental revenue per year $40,200. (id:54626)
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Dining room
5′11″ x 11′10″
4pc Bathroom
5′5″ x 7′11″
Bedroom
8′7″ x 12′1″
Kitchen
5′11″ x 11′11″
Living room/Dining room
8′3″ x 11′10″
4pc Bathroom
5′4″ x 7′11″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
Sold Nearby
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