49 Elgin Street W Alexandria, Ontario K0C 1A0
$265,000
Income-Generating Duplex – Move-In Ready and Freshly Updated! This up-and-down duplex, with separate Hydro and water meters, is a prime investment opportunity. The property is vacant and ready for tenants or it’s ideal for a landlord looking to add to their portfolio or for an owner-occupier who wants to live in one unit while generating rental income from the other. The main floor features 2 bedrooms, a living room, a kitchen with an eating area, and a 4-piece bathroom. The upper unit offers 3 bedrooms, a bright kitchen, and another 4-piece bathroom. Both units have been freshly painted with new flooring and are heated by newly installed electric baseboards. The roof has been updated with new shingles. Each unit could rent for $1,200 (nothing included). The property includes a detached shed for storage or parking, and the private, partly fenced backyard adds appeal. Whether expanding your portfolio or investing in your first rental property, this duplex is an excellent choice! (id:37229)
Property Details
| MLS® Number | 1408185 |
| Property Type | Multi-family |
| Neigbourhood | Alexandria |
| Communication Type | Internet Access |
| Parking Space Total | 1 |
| Road Type | Paved Road |
| Storage Type | Storage Shed |
Building
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Constructed Date | 1890 |
| Cooling Type | None |
| Exterior Finish | Siding, Vinyl |
| Fireplace Present | No |
| Flooring Type | Laminate |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Gravel |
Land
| Acreage | No |
| Current Use | Development Residential |
| Sewer | Municipal Sewage System |
| Size Depth | 132 Ft |
| Size Frontage | 40 Ft ,6 In |
| Size Irregular | 40.5 Ft X 132 Ft |
| Size Total Text | 40.5 Ft X 132 Ft |
| Zoning Description | Res |
https://www.realtor.ca/real-estate/27331040/49-elgin-street-w-alexandria-alexandria
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August 26 2024 02:17:32
Cornwall & District Real Estate Board
Decoste Realty Inc.