21929 Main Street North Glengarry, Ontario K0B 1H0
$309,000
Excellent Investment Opportunity! This well-maintained duplex in Glen Robertson is currently vacant and ready for occupancy whether by tenants or an owner-occupant. The spacious main unit features 3 bedrooms, 2 bathrooms, a bright, well-appointed kitchen adjacent to the dining area, and a generous living room. The second unit offers 2 bedrooms, a 3-piece bathroom, a comfortable living room, and an eat-in kitchen. Previously rented at $1,100, the second unit provides solid income potential, while the main unit could generate $1,500 per month. Both units have separate Hydro and Gas meters, allowing tenants to cover their own utilities. Each unit is equipped with its own natural gas furnace (2012) and a new hot water tanks (2024). With a potential gross income of $31,200 per year and an estimated net income of $25,100, this property offers a solid 8.1% cap rate. (id:50886)
Property Details
| MLS® Number | X11931523 |
| Property Type | Single Family |
| Community Name | 721 - North Glengarry (Lochiel) Twp |
| Features | Sloping |
| Parking Space Total | 4 |
| Structure | Deck |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater, Dryer, Freezer, Furniture, Stove, Washer |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete, Stone |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Landscape Features | Landscaped |
| Sewer | Septic System |
| Size Depth | 160 Ft |
| Size Frontage | 46 Ft |
| Size Irregular | 46 X 160 Ft |
| Size Total Text | 46 X 160 Ft|under 1/2 Acre |
| Zoning Description | Residential |
Utilities
| Sewer | Installed |
Contact Us
Contact us for more information
Richard Decoste
Broker of Record
decosterealty.com/
28 Main Street, North
Alexandria, Ontario K0C 1A0
(613) 525-0325
(613) 525-0862
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 23 2025 08:59:45
Cornwall & District Real Estate Board
Decoste Realty Inc.