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$419,000
Est. payment /mo
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 901 - Smiths Falls
MLS Listing ID X13755930
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,191
Tax Year 2026
Property Sub-Type Duplex
Property Description
Exceptional turnkey duplex with a classic red-brick exterior, offering solid income and recent property upgrades. The building features two self-contained 2-bedroom, 1-bathroom units, each with en-suite laundry, and separate gas/electric meters. One unit is newly vacant, having most recently rented for $1,700 per month, offering a new owner flexibility to select their own tenant or occupy. Recent improvements include new windows, masonry repairs, new floors, and fresh interior paint, helping reduce near-term capital needs. Located approximately 45 minutes from downtown Ottawa, the property offers an attractive balance of affordability, tenant demand, and long-term growth potential. Whether you're adding to an existing portfolio or stepping into your first multi-unit investment, this property offers immediate income and upside in a desirable commuter location.
Location
Province ON
County Lanark
Area Lanark
Zoning RM
Rooms
Basement Full, Unfinished
Kitchen 2
Interior
Interior Features Separate Hydro Meter
Cooling None
Exterior
Parking Features None
Pool None
Roof Type Rolled
Total Parking Spaces 2
Building
Foundation Block, Stone
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Lited by EXP REALTY
Nearby Locations
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