$310,000
$325,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/22/2024
Key Details
Sold Price $310,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision 901 - Smiths Falls
MLS Listing ID X9444416
Sold Date 08/22/24
Annual Tax Amount $3,838
Tax Year 2023
Property Sub-Type Duplex
Property Description
What a solid Brick duplex. Property can use some updating although there are two newer gas furnaces. One for each unit. This property is oversized and may be able to be subdivided in the future. Check with the city. This was once a single family home and could be converted back. There is a tenant in the upper unit who is paying $900 per month plus utilities. The main floor is vacant and could be rented at market rent or is great for an owner occupied unit. With the rent upstairs it would cover over $100,000 of the mortgage so it is like buying a property for $225,000. as far as cash out of pocket per month if you were to occupy the main floor. Lovely yard and a two car garage that is divided so each tenant could have one half of the two car garage., Flooring: Laminate
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Zoning R3
Rooms
Basement Unfinished
Interior
Cooling None
Exterior
Garage Spaces 2.0
Roof Type Asphalt Shingle
Lot Frontage 55.28
Lot Depth 120.88
Total Parking Spaces 4
Building
Foundation Stone
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