Turnkey Victorian Duplex in the heart of Smiths Falls with a 6.7% Cap Rate! The main floor unit will be vacant on closing, giving you the ultimate flexibility. Either move in and enjoy your own space while the upper rental income offsets the mortgage OR choose your own tenant and maximize rental income. The beautifully updated main floor unit has a projected rental income of $1,400/month and features 1 bedroom, 1 bath, a fully renovated kitchen with high-end cabinetry, newly renovated bathroom, separate laundry room and exclusive access to the basement and garage. The upper unit is currently rented for $1,800/month plus hydro. This spacious unit is accessed through the main entrance with private access to a front porch, separate laundry, 3 bedrooms including the third floor loft, renovated 4pc bath, second floor rear balcony, fully fenced yard, and dedicated use of the storage shed. With separate hydro meters, low annual operating costs (less than $9,500/year) , this is a low-maintenance, high-return asset. Other highlights include a double-wide paved driveway with parking for 6 vehicles plus the garage, established garden beds, a lovely fully fenced backyard with mature trees, and unbeatable walkability to the arena, hospital, shopping, restaurants, newly renovated library, and more. Whether you're a savvy investor or a buyer looking to house hack in style, this charming and income-producing property is a rare find in a prime location. Operating expenses, pre-list home inspection, current lease agreement and upgrades list available upon request. Call to book your showing today! (id:19720)
MLS® Number | X12248957 |
Property Type | Multi-family |
Community Name | 901 - Smiths Falls |
Amenities Near By | Hospital, Schools |
Community Features | School Bus |
Equipment Type | Water Heater |
Features | Level Lot, Sump Pump, In-law Suite |
Parking Space Total | 7 |
Rental Equipment Type | Water Heater |
Structure | Deck, Porch, Patio(s), Shed |
Bathroom Total | 2 |
Bedrooms Above Ground | 4 |
Bedrooms Total | 4 |
Amenities | Fireplace(s), Separate Electricity Meters |
Appliances | Water Meter, Dryer, Hood Fan, Microwave, Stove, Washer, Window Coverings, Refrigerator |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Cooling Type | Window Air Conditioner |
Exterior Finish | Brick |
Fire Protection | Smoke Detectors |
Fireplace Present | Yes |
Fireplace Total | 1 |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 3 |
Size Interior | 1,500 - 2,000 Ft2 |
Type | Duplex |
Utility Water | Municipal Water |
Detached Garage | |
Garage | |
R V |
Acreage | No |
Fence Type | Fully Fenced, Fenced Yard |
Land Amenities | Hospital, Schools |
Landscape Features | Landscaped |
Sewer | Sanitary Sewer |
Size Depth | 142 Ft |
Size Frontage | 40 Ft |
Size Irregular | 40 X 142 Ft |
Size Total Text | 40 X 142 Ft |
Zoning Description | R3 |
https://www.realtor.ca/real-estate/28528936/57-ogden-avenue-smiths-falls-901-smiths-falls
Contact us for more information
Erika Blair
Salesperson
(613) 317-2121
(613) 903-7703
www.c21synergy.ca/
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