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:37072)
MLS® Number | 1401922 |
Property Type | Multi-family |
Neigbourhood | Smiths Falls |
ParkingSpaceTotal | 4 |
Structure | Deck |
BasementDevelopment | Unfinished |
BasementFeatures | Low |
BasementType | Unknown (unfinished) |
ConstructedDate | 1900 |
CoolingType | None |
ExteriorFinish | Stone, Siding |
FlooringType | Hardwood, Laminate, Tile |
FoundationType | Stone |
HeatingFuel | Electric, Natural Gas |
HeatingType | Baseboard Heaters, Forced Air |
StoriesTotal | 2 |
Type | Duplex |
UtilityWater | Municipal Water |
Attached Garage |
Acreage | No |
Sewer | Municipal Sewage System |
SizeDepth | 71 Ft |
SizeFrontage | 58 Ft ,10 In |
SizeIrregular | 58.87 Ft X 70.97 Ft |
SizeTotalText | 58.87 Ft X 70.97 Ft |
ZoningDescription | Residential |
https://www.realtor.ca/real-estate/27186723/2-foster-avenue-smiths-falls-smiths-falls
Contact us for more information
Chris Evoy
Salesperson
Tanya Evoy
Broker