




This multi-family in Springhill offers a 0.23 ac lot. The property has lot dimensions of 0.2296. The home features laminate flooring, heat pump, air conditioned, a unfinished, partial basement.
CENTRALLY LOCATED DUPLEX IN SPRINGHILL! This well-maintained duplex is perfectly located within walking distance to virtually everything in town! Featuring a spacious 3-bedroom unit and a comfortable 2-bedroom unit, this property would make an excellent addition to any investment portfolio. The generously sized units also make it ideal for an owner-occupied income property or a multi-generational living setup. Unit 1, accessible from the front of the building, is a recently updated 2-bedroom apartment with in-unit laundry, currently renting for $1,200/month. Unit 2, accessed from the rear entrance, is a two-level, 3-bedroom unit with laundry, renting for $1,450/month. Both units are heated and cooled with electric baseboards and efficient ductless heat pumps, with heat and power currently included in the rent. However, with two separate meters, these expenses could easily be transferred to tenants in the future. The property has an excellent rental history with long-term tenants and a current Net Operating Income of $20,053. Additional features include a good-sized backyard and a detached storage building! This property can also be bundled with MLS#202526296 and MLS#202526297 for a larger investment package. A solid opportunity in a great location-definitely worth a look! Book your showing today! (id:60351)
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Listed by Tony Mitchell, Royal LePage Cumberland Realty Ltd.
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Listing represented by Tony Mitchell, Royal LePage Cumberland Realty Ltd. · MLS# 202526769
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.