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$ 374,500
Est. payment | /mo
3 Beds
2 Baths
$ 374,500
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 901 - Smiths Falls
MLS Listing ID X12674768
Style 2-Storey
Bedrooms 3
Annual Tax Amount $4,348
Tax Year 2025
Property Sub-Type Duplex
Property Description
Located in a prime, central pocket of Smiths Falls, this versatile duplex is an ideal opportunity for investors or first-time buyers seeking a mortgage helper. Both units feature impressive 10-foot ceilings, creating a spacious and open feel.The main-level 1-bedroom unit is rented month-to-month at $950+ utilities. The upper 1.5-bedroom unit includes two large common areas and an enclosed sunroom, currently rented at $1,430 inclusive The upper tenants have a written termination date with flexibility to extend, allowing an owner-occupant to move in while the lower unit offsets the mortgage.The property includes a decent-sized yard, already half-fenced for functional outdoor space. Both units have separate heat and hydro meters (owner pays water/sewer). The large attic offers potential for storage or future expansion. Sold as-is and perfectly situated near the hospital and downtown amenities. Build immediate equity here.
Location
State ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Rooms
Family Room Yes
Basement Unfinished
Kitchen 2
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Inclusions Fridge, stove, washer, dryer in both units.
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 105.0
Total Parking Spaces 6
Building
Foundation Stone
Others
Senior Community Yes
ParcelsYN No
Listed by ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD