2 Foster Avenue Lanark, 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. Dont miss out on this rare opportunity to own a prime piece of Smiths Falls real estate! (id:50886)
Property Details
| MLS® Number | X9516647 |
| Property Type | Single Family |
| Neigbourhood | Smiths Falls |
| Community Name | 901 - Smiths Falls |
| ParkingSpaceTotal | 4 |
| Structure | Deck |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Stone |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 70 Ft ,11 In |
| SizeFrontage | 58 Ft ,10 In |
| SizeIrregular | 58.87 X 70.97 Ft ; 0 |
| SizeTotalText | 58.87 X 70.97 Ft ; 0 |
| ZoningDescription | Residential |
https://www.realtor.ca/real-estate/27186723/2-foster-avenue-lanark-901-smiths-falls
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Contact us for more information
Chris Evoy
Salesperson
515 Mcneely Avenue, Unit 1-A
Carleton Place, Ontario K7C 0A8
Tanya Evoy
Broker
515 Mcneely Avenue, Unit 1-A
Carleton Place, Ontario K7C 0A8
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November 28 2024 07:34:20
Ottawa Real Estate Board
RE/MAX Affiliates Realty Ltd.