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183 Dominion Street S Alexandria, Ontario K0C 1A0

None Forced Air

$359,900

Incredible Investment Opportunity! Both Units will be empty on closing - PICK YOUR OWN TENANTS! This side-by-side duplex boasts lucrative cash flow with a net of $40,992 and an impressive 11.1% CAP RATE. Each unit features 3 bedrooms, 2 baths, and ample space. Unit 185 was 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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