$374,500

Investment For Sale In Smiths Falls, Ontario

$374,500

Property Information:

Located in a prime, central pocket of Smiths Falls, this versatile duplex is an ideal opportunity for investors or first-time buyers seeking a mortgage helper. Both units feature impressive 10-foot ceilings, creating a spacious and open feel.The main-level 1-bedroom unit is rented month-to-month at $950+ utilities. The upper 1.5-bedroom unit includes two large common areas and an enclosed sunroom, currently rented at $1,430 inclusive The upper tenants have a written termination date with flexibility to extend, allowing an owner-occupant to move in while the lower unit offsets the mortgage.The property includes a decent-sized yard, already half-fenced for functional outdoor space. Both units have separate heat and hydro meters (owner pays water/sewer). The large attic offers potential for storage or future expansion. Sold as-is and perfectly situated near the hospital and downtown amenities. Build immediate equity here. (id:7525)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 105 Feet
  • Lot Frontage: 50 Feet
  • Lot Size: 50 x 105 FT
  • Utility Type: Cable - Installed, Hydro - Installed, Sewer - Installed,
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 6

Courtesy of: Royal LePage Advantage Real Estate

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  • Common area -
  • Dining room/ common area #2 -
  • Dining room / common area #2 -
  • Main bedroom -
  • Main bedroom -
  • Second bedroom -
  • Second bedroom -
  • Enclosed sunroom off second bedroom -
  • Attic -
  • Attic -