2 Foster Avenue Smiths Falls, Ontario K7A 1K1
$359,900
Discover an exceptional investment opportunity in the vibrant town of Smiths Falls, with this charming duplex, perfectly situated on a desirable corner lot. This property offers two units: a cozy 1-bedroom unit and a spacious 2-bedroom unit, each boasting independent driveways for added convenience. The current tenants are a valuable asset, with the 1-bedroom unit generating $985/month and the 2-bedroom unit bringing in $1595/month. Tenants are responsible for heat and hydro costs, as well as lawn care and snow removal, minimizing your overhead expenses. This well-maintained duplex, with its attractive rental income and minimal landlord responsibilities, is an ideal addition to any investor's portfolio. Don’t miss out on this rare opportunity to own a prime piece of Smiths Falls real estate! (id:37464)
Property Details
| MLS® Number | 1401922 |
| Property Type | Multi-family |
| Neigbourhood | Smiths Falls |
| Parking Space Total | 4 |
| Structure | Deck |
Building
| Basement Development | Unfinished |
| Basement Features | Low |
| Basement Type | Unknown (unfinished) |
| Constructed Date | 1900 |
| Cooling Type | None |
| Exterior Finish | Stone, Siding |
| Flooring Type | Hardwood, 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
| Attached Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 71 Ft |
| Size Frontage | 58 Ft ,10 In |
| Size Irregular | 58.87 Ft X 70.97 Ft |
| Size Total Text | 58.87 Ft X 70.97 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/27186723/2-foster-avenue-smiths-falls-smiths-falls
Sales Representative
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 13 2024 02:12:57
Ottawa Real Estate Board
RE/MAX Affiliates Realty Ltd.