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101 William Street E Smiths Falls, Ontario K7A 1E3

None Baseboard Heaters, Forced Air

$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:37464)

Property Details

MLS® Number 1411983
Property Type Multi-family
Neigbourhood Smiths Falls
Parking Space Total 2

Building

Basement Development Unfinished
Basement Type Cellar (unfinished)
Cooling Type None
Exterior Finish Brick, Vinyl
Flooring Type Carpeted, Laminate, Tile
Foundation Type Stone
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Parking

Gravel

Land

Acreage No
Fence Type Fenced Yard
Sewer Municipal Sewage System
Size Depth 77 Ft
Size Frontage 31 Ft
Size Irregular 31 Ft X 77 Ft
Size Total Text 31 Ft X 77 Ft
Zoning Description R3

https://www.realtor.ca/real-estate/27433418/101-william-street-e-smiths-falls-smiths-falls

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