$449,000
$460,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2 Baths
SOLD DATE : 02/05/2025
Key Details
Sold Price $449,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X8297128
Sold Date 02/05/25
Style 1 1/2 Storey
Bedrooms 6
Annual Tax Amount $2,911
Tax Year 2023
Property Sub-Type Duplex
Property Description
CAP RATE potential on this vacant property can be higher than 6.5%. Duplexes have 2 types of Buyers - Investors and Homeowners. 2 questions an Investor should ask: Will I make money? Can I set my own rent rates? A Homeowner should ask themselves: Do I want to stop renting and start owning? Is it smart to have someone help pay my mortgage? The answer should be YES to all those questions. Take control of your future with this turnkey side-by-side VACANT duplex featuring two spacious 3-bedroom units with separate entrances, individual meters, a secure fenced yard, and ample parking. Located in a family-friendly neighborhood near schools, parks, and shopping, this property offers convenience and exceptional value. Enjoy the flexibility of living in one unit while renting the other to offset your mortgage or maximize your investment potential by renting out both these VACANT units. The high-demand location ensures strong rental income and long-term appreciation, making this an ideal opportunity for investors, first-time buyers, and families alike. Don't miss your chance to own a property that ticks all the boxes. The only question left is: When will you take the next step?
Location
Province ON
County Hastings
Area Hastings
Zoning R3
Rooms
Family Room No
Basement Half, Partial Basement
Kitchen 2
Interior
Interior Features Water Heater Owned
Cooling Central Air
Exterior
Parking Features Private
Pool None
Roof Type Metal
Lot Frontage 98.0
Lot Depth 82.5
Total Parking Spaces 8
Building
Foundation Poured Concrete
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