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2 Foster Avenue Smiths Falls, Ontario K7A 1K1

None Baseboard Heaters, Forced Air

$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. Don’t miss out on this rare opportunity to own a prime piece of Smiths Falls real estate! (id:35531)

Property Details

MLS® Number 1401922
Property Type Multi-family
Neigbourhood Smiths Falls
Parking Space Total 4
Structure Deck

Building

Basement Development Unfinished
Basement Features Low
Basement Type Unknown (unfinished)
Constructed Date 1900
Cooling Type None
Exterior Finish Stone, Siding
Fireplace Present No
Flooring Type Hardwood, Laminate, Tile
Foundation Type Stone
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters, Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 71 Ft
Size Frontage 58 Ft ,10 In
Size Irregular 58.87 Ft X 70.97 Ft
Size Total Text 58.87 Ft X 70.97 Ft
Zoning Description Residential

https://www.realtor.ca/real-estate/27186723/2-foster-avenue-smiths-falls-smiths-falls

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