110 CHAMBERS STREET, Smiths Falls, ON K7A2Z1
110 CHAMBERS STREET, Smiths Falls, ON K7A2Z1
110 CHAMBERS STREET, Smiths Falls, ON K7A2Z1
110 CHAMBERS STREET, Smiths Falls, ON K7A2Z1
110 CHAMBERS STREET, Smiths Falls, ON K7A2Z1
110 CHAMBERS STREET, Smiths Falls, ON K7A2Z1
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Maha Shahbazian

Maha Shahbazian

+1(613) 862-6242
$ 579,999
Est. payment | /mo

4 Beds

2 Baths

Save Virtual Tour
$ 579,999
Est. payment | /mo
Save Virtual Tour

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Subdivision 901 - Smiths Falls

MLS® Listing ID X13827710

Bedrooms 4

Property Description

TURNKEY INCOME OPPORTUNITY Duplex with $3,200/MONTH in current rental income! Welcome to 110 Chambers Street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the Market Street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is." (id:24570)

Location

State ON

Rooms

Kitchen 2.0

Extra Room 1 Second level Measurements not available Bathroom

Extra Room 2 Second level Measurements not available Laundry room

Extra Room 3 Second level Measurements not available Living room

Extra Room 4 Second level Measurements not available Kitchen

Extra Room 5 Second level Measurements not available Bedroom

Extra Room 6 Second level Measurements not available Bedroom

Interior

Heating Radiant heat

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://easyagentmedia.hd.pics/110-Chambers-St/idx

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Maha Shahbazian

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+1(613) 862-6242

maha@ottawarealestate.com

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110 CHAMBERS STREET