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39 Bank Street Russell, Ontario K4R 1A9

Central Air Conditioning Forced Air

$734,000

Welcome to 39 Bank St, a beautifully maintained purpose-built duplex in the heart of the charming Town of Russell. Built in 2019, this modern property offers a unique investment opportunity or a flexible living arrangement for multi-generational families or first-time home buyers seeking to offset their mortgage with rental income. The upper unit features a spacious 3-bed, 1.5-bathroom layout spread over two stories, providing ample space for family living. The LL unit, accessible via a separate entry, is a cozy 1-bed 1-bath apartment. This self-contained space is perfect for a tenant, offering privacy and independence. Both units are currently occupied, ensuring immediate rental income and hassle-free management. The property's recent construction means minimal maintenance costs and predictable returns, making it an ideal addition to any real estate portfolio. Both sides of semi being sold. (id:28469)

Property Details

MLS® Number 1417376
Property Type Multi-family
Neigbourhood Russell
ParkingSpaceTotal 6

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 2019
ConstructionMaterial Wood Frame
CoolingType Central Air Conditioning
ExteriorFinish Siding
FlooringType Laminate, Tile
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Parking

Attached Garage
Surfaced
Shared

Land

Acreage No
Sewer Municipal Sewage System
SizeDepth 123 Ft ,9 In
SizeFrontage 25 Ft ,4 In
SizeIrregular 25.37 Ft X 123.79 Ft (irregular Lot)
SizeTotalText 25.37 Ft X 123.79 Ft (irregular Lot)
ZoningDescription Residential