40 RUSSELL Street West, Smiths Falls, Ontario K7A1P2

Listing courtesy of SOLID ROCK REALTY.

$325,000
List Price
$325,000
MLS®
1401625
Days on Market
12
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
55.28 ft X 120.88 ft (Irregular Lot)
Subdivision
Smiths Falls

Property Description

What a solid Brick duplex. Property can use some updating although the shingles are great and there are two newer gas furnaces. One for each unit This property is oversized and may be able to be subdivided in the future. Check with the city. This was once a single family home and could be converted back. There is a tenant in the upper unit who is paying $900 per month plus utilities. The main floor is vacant and could be rented at market rent or is great for an owner occupied unit. With the rent upstairs it would cover over $100,000 of the mortgage so it is like buying a property for $225,000. as far as cash out per month if you were to occupy the main floor. Lovely yard and a two car garage that is divided so each tenant could have one half. (id:5764)

Additional Information

Garage
Yes
Subdivision
Smiths Falls
Parking Spaces
4
Construction Materials
Masonry
Cooling
None
Country
Canada
Flooring
Laminate
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Total Number Of Units
2
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks