101 William Street E Smiths Falls, Ontario K7A 1E3
$340,000
Here’s a great opportunity for investors looking for a duplex or those looking to offset their own mortgage. This property features two units: the upper unit, a cozy 1-bedroom with rental potential of $1,150/month, and the main level unit, a spacious 2-bedroom that could rent for $1,600/month. Recent updates include a new roof and eavestroughs (2024), a modernized main level bathroom, and a newly insulated back addition with updated siding. The fenced backyard with a new deck offers privacy, making it attractive to tenants or an owner-occupier. With no current tenants, the property is ready for immediate occupancy or rental, with a potential gross income of $2,750/month. However, after September, the seller plans to start actively seeking tenants for the units, so this is an ideal time for buyers who want the flexibility of managing the property themselves. Don’t miss this chance to invest in Smiths Falls with strong rental potential! (id:47351)
Property Details
| MLS® Number | 1411983 |
| Property Type | Multi-family |
| Neigbourhood | Smiths Falls |
| ParkingSpaceTotal | 2 |
Building
| BasementDevelopment | Unfinished |
| BasementType | Cellar (unfinished) |
| CoolingType | None |
| ExteriorFinish | Brick, Vinyl |
| FlooringType | Carpeted, Laminate, Tile |
| FoundationType | Stone |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 2 |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| None |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| Sewer | Municipal Sewage System |
| SizeDepth | 77 Ft |
| SizeFrontage | 31 Ft |
| SizeIrregular | 31 Ft X 77 Ft |
| SizeTotalText | 31 Ft X 77 Ft |
| ZoningDescription | R3 |
https://www.realtor.ca/real-estate/27433418/101-william-street-e-smiths-falls-smiths-falls
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September 18 2024 04:11:52
Ottawa Real Estate Board
RE/MAX Affiliates Realty Ltd.