Size
-
Lot size
1544 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$2,311 (2024)
Parking Type
-
Style
2-Storey
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Description
Great duplex with a solid income. Gross income over $41,000 and has a cap rate of 7%. Net income of $30,000 a year carries the mortgage. Completely renovated in 2021 - all new kitchens, bathrooms, flooring, drywall and roof. Main floor offers a large one bedroom unit with 9' ceilings, private laundry, basement storage and private parking at rear of building. Main floor is currently vacant and was rented for $ 1600 inclusive. Second floor contains two large bedrooms, in-unit laundry and private parking at the front of the building. Currently rented for $1850 inclusive. Building has been inspected by fire department and city building officials. Expenses: hydro - $2266, gas -$1537, water/sewer -$1383, taxes - $2311, insurance - $1032. Rear parking is by deeded right of way to private gravel drive.
Broker: Ron Hopper Real Estate Ltd.
MLS®#: X12058283
Property details
Parking:
2
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
18 Ft
Lot depth:
83 Ft
Listed on:
Apr 2, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Ground | Bathroom | 3.35 x 1.90 ft | |
Second | Living Room | 4.14 x 4.19 ft | |
Second | Bedroom | 5.02 x 2.38 ft |
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Instant estimate:
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$3,787
higher than listed pricei
High
$503,161
Mid
$472,787
Low
$459,925