Great Investment property with opportunity to gross over $4000 monthly, this legal duplex is currently tenanted with Algoma University students grossing over $3500 in rents. Students are on leases. 55 Cathcart has been fully renovated from top to bottom, inside and out!. Leaving you nothing to do, but collect rent. Each unit has their own fridge, stove, washer and dryer, new in 2023. Windows, roof and siding replaced in 2022. In both units the Kitchen and bathrooms have also seen beautiful upgrades. Main floor unit is a one bedroom with a large living room with space for a second bedroom. Unit two is a three bedroom. Bus stop is within a two minute walking distance from front door. Back yard is newly fenced for privacy. This is an amazing opportunity to add an investment property to your portfolio . (id:47423)
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Detailed Information
Communication Type
High Speed Internet
Community Features
Bus Route
Listing Contract Date
2024-02-23
Municipal ID
315760078
Property Type
Multi-family
Transaction Type
For sale
Building
Basement Type
Full
Constructed Date
1905
Exterior Finish
Vinyl
Foundation Type
Block
Heating Type
Baseboard heaters
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Gravel
Utilities
Type
Description
Electricity
Available
Telephone
Available
Land
Total Size
30.0x84.0 | under 1/2 acre
Access Type
Road access
Sewer
Municipal sewage system
Size of Irregular Land
30.0x84.0
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