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:4069)
Address
36 WEST ELLIOTT Street
List Price
$534,900
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Huntsville
Bedrooms
2
Bathrooms
2
Floor Area
1,172 Sq. Ft.
Lot Size
0.197 Ac.
MLS® Number
40640052
Listing Brokerage
Royal LePage Lakes Of Muskoka Realty, Brokerage, Huntsville - Centre Street
Basement Area
Full (Finished)
Postal Code
P1H1W2
Zoning
R3
Site Influences
Park, Playground, Public Transit, Schools, Shopping
