Discover an exceptional investment opportunity in the vibrant town of Smiths Falls, with this charming duplex, perfectly situated on a desirable corner lot. This property offers two units: a cozy 1-bedroom unit and a spacious 2-bedroom unit, each boasting independent driveways for added convenience. The current tenants are a valuable asset, with the 1-bedroom unit generating $985/month and the 2-bedroom unit bringing in $1595/month. Tenants are responsible for heat and hydro costs, as well as lawn care and snow removal, minimizing your overhead expenses. This well-maintained duplex, with its attractive rental income and minimal landlord responsibilities, is an ideal addition to any investor's portfolio. Don’t miss out on this rare opportunity to own a prime piece of Smiths Falls real estate! (id:47423)
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Detailed Information
Lot
58.83 x 71 ft
Lease Type
Net
Listing Contract Date
2024-07-17
Municipal ID
052690206
# of Parking Spaces
4
Property Type
Multi-family
Structures
Deck
Transaction Type
For sale
Zoning Description
Residential
Building
Basement Development
Unfinished
Basement Features
Low
Basement Type
Unknown (Unfinished)
Constructed Date
1900
Cooling Type
None
Exterior Finish
Stone, Siding
Flooring Type
Hardwood, 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
Attached Garage
Land
Total Size
58.87 ft X 70.97 ft
Sewer
Municipal sewage system
Size of Irregular Land
58.87 ft X 70.97 ft
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