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 | Multi-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 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.91 m | 3.42 m | 3.91 m x 3.42 m |
| Second Level | Bedroom | 3.47 m | 4.09 m | 3.47 m x 4.09 m |
| Second Level | Bedroom 2 | 3.96 m | 2.61 m | 3.96 m x 2.61 m |
| Second Level | Bedroom 3 | 2.51 m | 4.09 m | 2.51 m x 4.09 m |
| Second Level | Bathroom | 2.3 m | 3.5 m | 2.3 m x 3.5 m |
| Main Level | Kitchen | 1.9 m | 4.01 m | 1.9 m x 4.01 m |
| Main Level | Living Room | 3.91 m | 4.3 m | 3.91 m x 4.3 m |
| Main Level | Dining Room | 4.37 m | 4.01 m | 4.37 m x 4.01 m |
| Main Level | Living Room | 4.18 m | 4.66 m | 4.18 m x 4.66 m |
| Main Level | Bathroom | 4.85 m | 1.36 m | 4.85 m x 1.36 m |
| Main Level | Laundry Room | 2.09 m | 1.16 m | 2.09 m x 1.16 m |
| Main Level | Kitchen | 3.9 m | 4.37 m | 3.9 m x 4.37 m |
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
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March 10 2025 01:59:38
Cornwall & District Real Estate Board
Decoste Realty Inc.