Turn-Key Duplex in Prime Smiths Falls Location - Ideal Investment or Owner-Occupied Opportunity! Welcome to this well-maintained and updated duplex located in the heart of Smiths Falls, just minutes from the hospital and essential amenities. This income-generating duplex boasts a 6.9% CAP rate, includes two self-contained units with separate electric and gas metering, one vacant and one tenanted at market rent, allowing for immediate income or owner occupancy. The property has benefited from notable capital improvements, including all new windows and precast cement sills, an interior basement drainage system with transferable warranty, and other updates that enhance efficiency, comfort, and long-term value. Each unit offers functional layouts with bright living spaces and separate entrances for privacy and ease of management. The vacant unit allows buyers to set their own tenant, achieve top market rent, or move in while the other unit helps offset the mortgage. Situated in a high-demand rental area close to the hospital, schools, and shopping, this duplex is well positioned for strong tenant appeal and long-term appreciation; an excellent opportunity for investors or live-in buyers alike! (id:56482)
| MLS® Number | X12698610 |
| Property Type | Multi-family |
| Community Name | 901 - Smiths Falls |
| Equipment Type | Water Heater |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Amenities | Separate Electricity Meters |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Block, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1500 - 2000 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 63 Ft ,7 In |
| Size Frontage | 65 Ft ,6 In |
| Size Irregular | 65.5 X 63.6 Ft |
| Size Total Text | 65.5 X 63.6 Ft |
| Zoning Description | Rm |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29253847/119-beckwith-street-n-smiths-falls-901-smiths-falls
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Russel Hunt
Salesperson
(866) 530-7737
(647) 849-3180