Size
-
Lot size
2520 sqft
Street frontage
E
Possession
-
Price per sqft
$331
Taxes
$2,878 (2024)
Parking Type
-
Style
-
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Description
6% Cap Rate Potential for INVESTMENT AND/OR OWNER OCCUPY OPPORTUNITY! Licensed Up & Down Duplex located in desirable Old South + business use potential! This is a great option for any investor, business owner or someone who wants to reduce their cost of living! Upper level is rented for $1,300+ hydro till December 31, 2024. Main floor tenancy is month-to-month ($870/month all inclusive). Ideal for savvy investment or owner-occupancy. This property has 3 hydro meters – one for each unit plus a 3rd for the common basement area which holds laundry, storage & building utilities. Low maintenance & taxes. Recent updates include: Brand new furnace installed (October 2023), updated electrical, new paint & flooring. Great access to Downtown, Victoria Hospital, UWO & Hwy 401. One of the best priced duplex 's in town! Call today for further information.
Broker: THE AGENCY REAL ESTATE
MLS®#: 40585201
Property details
Parking:
3
Parking type:
-
Property type:
-
Heating type:
Forced Air
Style:
-
MLS Size:
1237 sqft
Lot front:
42 Ft
Lot depth:
60 Ft
Listed on:
May 7, 2024
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Instant estimate:
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