$340,000 FOR SALE

Duplex

Lot: 31 x 77 ft

101 William Street E
Smiths Falls, ON K7A 1E3

Here’s a great opportunity for investors looking for a duplex or those looking to offset their own mortgage. This property features two units: the upper unit, a cozy 1-bedroom with rental potential of $1,150/month, and the main level unit, a spacious 2-bedroom that could rent for $1,600/month. Recent updates include a new roof and eavestroughs (2024), a modernized main level bathroom, and a newly insulated back addition with updated siding. The fenced backyard with a new deck offers privacy, making it attractive to tenants or an owner-occupier. With no current tenants, the property is ready for immediate occupancy or rental, with a potential gross income of $2,750/month. However, after September, the seller plans to start actively seeking tenants for the units, so this is an ideal time for buyers who want the flexibility of managing the property themselves. Don’t miss this chance to invest in Smiths Falls with strong rental potential! (id:47423)

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Listed By RE/MAX AFFILIATES REALTY LTD.
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1411983
Last Updated Sep 18, 2024
Property Summary
Property Type Duplex

More like this:
Neighbourhood Smiths Falls
Price History
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Detailed Information
Lot 31 x 77 ft
Lease Type Net
Listing Contract Date 2024-09-17
Municipal ID 052710098
# of Parking Spaces 2
Property Type Multi-family
Transaction Type For sale
Zoning Description R3
Building
Basement Development Unfinished
Basement Type Cellar (Unfinished)
Cooling Type None
Exterior Finish Brick, Vinyl
Flooring Type Carpeted, Laminate, Tile
Foundation Type Stone
Heating Fuel Electric, Natural gas
Heating Type Baseboard heaters, Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Parking Spaces
Name Spaces
None
Land
Total Size 31 ft X 77 ft
Fence Type Fenced yard
Sewer Municipal sewage system
Size of Irregular Land 31 ft X 77 ft

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