New ListingInvestment opportunity in Smiths Falls with a projected cap rate of 9.59%! Large side-by-side updated 2 storey duplex is separately metered & consists of one 4 bedroom, 1.5 bath unit & one 3 bedroom, 1bath unit. Choose your own tenants on the vacant side and assume the tenants paying market rent on the other OR move in and enjoy while having a mortgage helper. 154 Beckwith is rented for $1,850/month and all utilities paid by the tenant. An open dining and living space with powder room on main level. Kitchen & laundry are renovated with new backsplash, sink and faucet. All appliances are owned by the tenant. Upstairs are 4 beds & a 4pc bath. Freshly painted with new laminate flooring, all exterior doors, deck & HWT (all in 2023), back porch, attached storage/workshop, detached shed, large yard, parking for 4 vehicles. 156 is currently vacant and just underwent $35,000 in renovations including all brand new flooring, paint, carpet on the stairs, a new toilet, a new vanity, and all new appliances. This side offers 3 bedrooms and a 4pc bath with large yard, back enclosed porch, parking for 2 & plenty of storage space. Projected market rent for this unit is $2,000/month. Other building updates include: electrical (2010), newer windows, roof (2013), storage/workshop roof (2021), foundation re-parged. Excellent location, walking distance to downtown Smiths Falls and easy access to Highway 15 and commuting into the city. 24hrs irrevocable on all offers. (id:374)
| MLS # | X14089200 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | CENTURY 21 SYNERGY REALTY INC. | Erika Blair |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,500 |
| Basement | Y |
| Story(s) | 2 |
| Cooling | None |
|---|---|
| Heating | Forced air, Oil, Propane |
| Appliances | Washer, Refrigerator, Stove, Dryer, Water Heater |
| Fireplace Yes / No | No |
| Security Features | Smoke Detectors |
|---|---|
| Foundation Details | Stone |
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 3858 |
|---|
| Province | ON |
|---|---|
| City | Smiths Falls |
| Postal Code | K7A2C6 |
| Listing VS Median (in K7A2C6) | |
Price: $399,900 low | high Med: $399,900 sqft: 2,500 low | high Med: 2,500 $ / sqft: $160 low | high Med: $160 On site: 5 low | high Med: 5 | |
| Province | ON |
|---|---|
| City | Smiths Falls |
| Postal Code | K7A2C6 |
| Listing VS Median (in K7A2C6) | |
Price: $399,900 low | high Med: $399,900 sqft: 2,500 low | high Med: 2,500 $ / sqft: $160 low | high Med: $160 On site: 5 low | high Med: 5 | |