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:4069)
Address |
2 FOSTER AVENUE |
List Price |
$359,900 |
Property Type |
Multi-family |
Type of Dwelling |
Duplex |
Area |
Ontario |
Sub-Area |
Smiths Falls |
Lot Size |
58.87 ft X 70.97 ft Sq. Ft. |
Year Built |
1900 |
MLS® Number |
1401922 |
Listing Brokerage |
RE/MAX AFFILIATES REALTY LTD.
|
Basement Area |
Unknown (Unfinished) |
Postal Code |
K7A1K1 |
Zoning |
Residential |