Lot
Freehold
Heating
Forced air, Furnace Natural gas
Pride of ownership is evident throughout this well-maintained duplex featuring two updated 2-bedroom units in excellent condition. A fantastic opportunity for investors, this property offers both a strong cash flow and cap rate with quality tenants paying market rents of $1,450 and $1,537 per month. Both units are separately metered for hydro and gas, with tenants paying their own utilities, and each unit includes the convenience of in-suite laundry. Recent updates include a brand new furnace and owned hot water tank in one unit, a newer furnace and owned hot water tank in the other, mostly new windows, updated wiring, chimney repairs, and parging on the front pillars. Owner-occupants will also appreciate the opportunity to live in one unit while generating rental income from the second unit to help offset mortgage payments and reduce monthly housing costs. Conveniently located close to the riverfront, shopping, and the downtown core, this property is an excellent addition to an investment portfolio or a smart option for buyers looking to supplement their income.**Interior photos are from when the units were vacant 2 years ago. (id:374)
