36 WEST ELLIOTT Street, Huntsville, Ontario P1H 1W2
$534,900.00
- 2 bedrooms
- 2 bathrooms
- 1,166 Square Feet
Fantastic investment opportunity in downtown Huntsville! This legal duplex offers 2 clean and well kept 1 bedroom apartments with separate hydro meters. Both units will be rented at current market rents. Currently the upper level rents for $1700 plus hydro and the lower level for $1650 plus hydro. Low maintenance vinyl siding, walking distance to Avery beach, Hunters Bay Trail, and downtown Huntsville. The duplex backs directly onto Irene street park and playground for added privacy and is set on a dead end road in a quiet neighbourhood. Both apartments have larger windows with sunlit interiors and their own washer/ dryer units. The upper apartment ... read more
Fantastic investment opportunity in downtown Huntsville! This legal duplex offers 2 clean and well kept 1 bedroom apartments with separate hydro meters. Both units will be rented at current market rents. Currently the upper level rents for $1700 plus hydro and the lower level for $1650 plus hydro. low maintenance vinyl siding, walking distance to Avery beach, Hunters Bay Trail, and downtown Huntsville. The duplex backs directly onto Irene street park and playground for added privacy and is set on a dead end road in a quiet neighbourhood. Both apartments have larger windows with sunlit interiors and their own washer/ dryer units. The upper apartment has a walkout to a private deck with views of surrounding trees. The current R3 zoning and how the building is set on the lot allows for further potential development or additions. In 2019 the duplex was fire retrofitted, a new hot water tank was added and the breaker panels were replaced and updated. So much income earning potential with fantastic tenants and very low maintenance costs! Total rental revenue per year $40,200. (id:25417)
- Listing ID: 40640047
- Property Type: Single Family
Property | |
---|---|
Style: | 2 Level |
Ownership: | Freehold |
Lot Size: | 0.197 Ac (Under 1/2 Acre) |
Parking: | 4 Spaces |
Building | |
---|---|
Type: | Single Family House |
Appliances: | Refrigerator, Stove, Washer, Window Coverings and Dryer |
HVAC: | Baseboard Heaters and Fireplace Electric |
Exterior: | Vinyl Siding |
Basement: | Full (Finished) |
Utilities: | Electricity, Municipal Water and Municipal Sewage System |
Location | |
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Town: | Huntsville |
Province: | Ontario |
Nearby Amenities: | Beach, Park, Playground, Public Transit, Quiet Area, Schools and Shopping |
Rooms | Level | Dimensions |
---|---|---|
Dining room | Lower level | 11'10'' x 5'11'' |
4pc Bathroom | Lower level | 7'11'' x 5'5'' |
Bedroom | Lower level | 12'1'' x 8'7'' |
Kitchen | Lower level | 11'11'' x 5'11'' |
Living room/Dining room | Lower level | 11'10'' x 8'3'' |
4pc Bathroom | Main level | 7'11'' x 5'4'' |
Bedroom | Main level | 12'4'' x 8'1'' |
Kitchen | Main level | 11'11'' x 7'0'' |
Living room/Dining room | Main level | 15'2'' x 12'2'' |
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