Quick Summary
Quick Summary
- Duplex in Laurentian Valley is an investment property with rental income potential
- One 1-bedroom unit and one 2-bedroom unit with separate yards and decks
- Updates include new shingles, furnaces, and appliances in units
- Tenants pay own utilities with hydro and furnace separately metered
- Current total monthly rent is $1786 for both units
- Annual taxes, insurance, and water/sewer expenses are reasonable
- Offers must have 24-hour irrevocable with minimum 24-hour tenant notice
Great Investment property in Laurentian Valley. This duplex may be the perfect purchase to assist you with your mortgage payment. Live in one side and rent the other or keep it as a rental property. There is a one bedroom unit & a 2 bedroom unit. Both units have a patio door to walk out to their individual decks as well as each unit has... Show More
Great Investment property in Laurentian Valley. This duplex may be the perfect purchase to assist you with your mortgage payment. Live in one side and rent the other or keep it as a rental property. There is a one bedroom unit & a 2 bedroom unit. Both units have a patio door to walk out to their individual decks as well as each unit has privacy from the neighbour with a fenced yard. The one bedroom unit has potential for finished room in the basement to be an additional bedroom. Updates have been done to both units including - 1 bed unit had shingles replaced 4 yrs ago & a brand new gas furnace has been purchased but not installed. 2 bed unit shingles are 2 yrs old and the natural gas furnace is 2 yrs old. 2 hydro meters, 2 furnaces, tenants pay own utilities and HWT rental. Rent is 893 per unit(Effective May 1) taxes 2761/yr, insurance 1930/yr., water/sewer 1600/yr. 2 stoves and one fridge included.ALL OFFERS MUST HAVE A 24 HOUR IRREVOCABLE. Minimum 24 hours notice for the tenants.
Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Kitchen
9′ x 8′
Living Rm
8′3″ x 12′8″
Bath 4-Piece
5′ x 9′5″
Primary Bedrm
9′4″ x 9′7″
Recreation Rm
12′8″ x 21′8″
Utility Rm
10′11″ x 21′8″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
Book A Private Showing
For Sale Nearby
Sold Nearby
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