183 Dominion Street S Alexandria, Ontario K0C 1A0
$375,000
Incredible Investment Opportunity! This side-by-side duplex boasts lucrative cash flow with a net of $40,992 and an impressive 10.9% CAP RATE. Each unit features 3 bedrooms, 2 baths, and ample space. Unit 185 is currently rented at $1900 + utilities with a lease in place, while Unit 183 is owner-occupied and will be vacant upon possession, offering potential rental income of $2100 + utilities. Convenient shared driveway with 179 Dominion St (MLS #1386992), with parking currently behind the adjacent log home. If purchased separately, you'll have the option to add parking behind this unit. Both units offer spacious kitchens with laundry, full baths, and comfortable living and dining areas on the main floor. Upstairs, find three bedrooms and a half bath. Whether you're an investor seeking excellent returns or looking to live in one unit while the other generates income, this opportunity is not to be missed! (id:37229)
Property Details
| MLS® Number | 1386993 |
| Property Type | Multi-family |
| Neigbourhood | Alexandria |
| Amenities Near By | Shopping |
| Communication Type | Internet Access |
| Easement | Right Of Way |
| Parking Space Total | 4 |
| Road Type | Paved Road |
| Storage Type | Storage Shed |
| Structure | Porch |
Building
| Basement Development | Unfinished |
| Basement Features | Low |
| Basement Type | Cellar (unfinished) |
| Constructed Date | 1890 |
| Cooling Type | None |
| Exterior Finish | Siding |
| Fireplace Present | No |
| Flooring Type | Hardwood, Linoleum, Wood |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 126 Ft ,5 In |
| Size Frontage | 35 Ft ,8 In |
| Size Irregular | 35.67 Ft X 126.4 Ft |
| Size Total Text | 35.67 Ft X 126.4 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/26771738/183-dominion-street-s-alexandria-alexandria
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April 24 2024 04:26:48
Cornwall & District Real Estate Board
Exp Realty