101 WILLIAM STREET E, Smiths Falls

2024-09-18
 

Quick Summary

Location
101 WILLIAM STREET E, Smiths Falls, Ontario K7A1E3
Price
$340,000 CAD
Status:
For Sale
Property Type:
Multi-family
Photo Link:

MLS®#1411983

Property Description

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:32467)

Property Features

Building

  • Basement Development: Unfinished
  • Basement Type: Cellar (Unfinished)
  • Cooling Type: None
  • Exterior Finish: Brick, Vinyl
  • Fireplace: No
  • Flooring Type: Carpeted, Laminate, Tile
  • Building Type: Duplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 31 ft X 77 ft
  • Sewer: Municipal sewage system

Zoning

  • Description: R3

Information entered by RE/MAX AFFILIATES REALTY LTD.
Listing information last updated on: 2024-09-18 16:11:52


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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Email:
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