This well-maintained up-down duplex offers an excellent investment with a projected 10% cap rate. This property features a three car wide driveway with plenty of free on street parking, two hydro meters, two water meters, newer vinyl windows throughout, newer plumbing and electrical. Upstairs unit with 3 bedrooms, kitchen, full bath and in-unit laundry, a main floor unit with 3 bedrooms, a kitchen, full bath room and laundry. The main floor also comes with a basement in-law suite with a separate entrance, the basement suite features 8ft ceilings, 1 bedroom, full kitchen and in-suite laundry. Additionally, there's a rentable garage with a second story loft on the property for extra income. Currently owner-occupied, vacant possession will not be an issue at closing. This versatile property is ideal for generating rental income while living in one unit or maximizing returns by leasing all units. Call today for more information. (id:47421)
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Listed By
eXp Realty of Canada Inc.
Data Provided By
Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
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Detailed Information
Bedrooms
6+1
Bathrooms
3
Lot
59 x 124 ft
Amenities Nearby
Park, Place of Worship, Schools
Community Features
Quiet Area
Features
Crushed stone driveway
Listing Contract Date
2024-05-29
Location Description
From Highway 3 turn south onto Western Ave and then turn left onto Norfolk Ave.
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