Excellent Investment Opportunity! This well-maintained duplex in Glen Robertson is currently vacant and ready for occupancy whether by tenants or an owner-occupant. The spacious main unit features 3 bedrooms, 2 bathrooms, a bright, well-appointed kitchen adjacent to the dining area, and a generous living room. The second unit offers 2 bedrooms, a 3-piece bathroom, a comfortable living room, and an eat-in kitchen. Previously rented at $1,100, the second unit provides solid income potential, while the main unit could generate $1,500 per month. Both units have separate Hydro and Gas meters, allowing tenants to cover their own utilities. Each unit is equipped with its own natural gas furnace (2012) and a new hot water tanks (2024). With a potential gross income of $31,200 per year and an estimated net income of $25,100, this property offers a solid 8.1% cap rate. (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
3
Lot
46 x 160 ft
Features
Sloping
Listing Contract Date
2025-01-20
Location Description
In the middle of town in Glen Robertson
# of Parking Spaces
4
Property Type
Single Family
Structures
Deck
Transaction Type
For sale
Zoning Description
Residential
Building
Amenities
Separate Electricity Meters, Separate Heating Controls
Appliances
Water Heater, Dryer, Freezer, Furniture, Stove, Washer
Basement Development
Unfinished
Basement Type
N/A (Unfinished)
Exterior Finish
Vinyl siding
Foundation Type
Concrete, Stone
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
3.91 m x 3.42 m
Bedroom
Second level
3.47 m x 4.09 m
Bedroom 2
Second level
3.96 m x 2.61 m
Bedroom 3
Second level
2.51 m x 4.09 m
Bathroom
Second level
2.3 m x 3.5 m
Kitchen
Main level
1.9 m x 4.01 m
Living room
Main level
3.91 m x 4.3 m
Dining room
Main level
4.37 m x 4.01 m
Living room
Main level
4.18 m x 4.66 m
Bathroom
Main level
4.85 m x 1.36 m
Laundry room
Main level
2.09 m x 1.16 m
Kitchen
Main level
3.9 m x 4.37 m
Parking Spaces
Name
Spaces
Attached Garage
Utilities
Type
Description
Sewer
Installed
Land
Total Size
46 x 160 FT | under 1/2 acre
Landscape Features
Landscaped
Sewer
Septic System
Size of Irregular Land
46 x 160 FT
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