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:28469)
Property Details
| MLS® Number | 1401922 |
| Property Type | Multi-family |
| Neigbourhood | Smiths Falls |
| ParkingSpaceTotal | 4 |
| Structure | Deck |
Building
| BasementDevelopment | Unfinished |
| BasementFeatures | Low |
| BasementType | Unknown (unfinished) |
| ConstructedDate | 1900 |
| CoolingType | None |
| ExteriorFinish | Stone, Siding |
| FlooringType | Hardwood, Laminate, Tile |
| FoundationType | Stone |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters, Forced Air |
| StoriesTotal | 2 |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeDepth | 71 Ft |
| SizeFrontage | 58 Ft ,10 In |
| SizeIrregular | 58.87 Ft X 70.97 Ft |
| SizeTotalText | 58.87 Ft X 70.97 Ft |
| ZoningDescription | Residential |
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August 13 2024 02:12:57
Ottawa Real Estate Board
RE/MAX Affiliates Realty Ltd.