$518,000
About this House
A rare opportunity for investors, this versatile property offers strong income potential with an impressive 8.8% cap rate. Ideal for multi-generational living or generating rental income, the home features two above-ground units. The upper unit includes 2 bedrooms + den, 1 bathroom, a full kitchen, living room, and in-suite laundry. The lower unit offers 2 bedrooms, a spacious rec room in basement, its own kitchen, living area, and separate laundry. Both units are filled with natural light and have individual hydro meters for added convenience. Thoughtful modern updates complement the home’s original charm and character, with two new windows in the lower unit. The property is currently vacant, providing flexibility for investors to set market rents or for buyers to move in and customize the space to their needs. (id:14735)
More About The Location
WEST AND DUKE
Listed by Keller Williams Complete Realty.
Brought to you by your friendly REALTORS® through the MLS® System and TDREB (Tillsonburg District Real Estate Board), courtesy of Brixwork for your convenience.
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Features
- MLS®: 40823861
- Type: House
- Bedrooms: 4
- Bathrooms: 2
- Square Feet: 1,855 sqft
- Frontage: 32.00 ft
- Full Baths: 2
- Parking: 1
- View: City view
- Storeys: 2 storeys
- Year Built: 1900
Rooms and Dimensions
- Den: 8'11'' x 6'6''
- Bedroom: 10'7'' x 10'3''
- Primary Bedroom: 10'7'' x 12'9''
- Living room/Dining room: Measurements not available
- Kitchen: 8'11'' x 11'4''
- 4pc Bathroom: Measurements not available
- Recreation room: Measurements not available
- Laundry room: Measurements not available
- Laundry room: Measurements not available
- Living room/Dining room: Measurements not available
- Eat in kitchen: Measurements not available
- Primary Bedroom: 15'4'' x 10'3''
- Bedroom: 9'11'' x 12'3''
- 4pc Bathroom: Measurements not available