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Key Details
Sold Price $547,500
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,317 sqft
Price per Sqft $415
MLS Listing ID 40590256
Bedrooms 7
Year Built 1939
Annual Tax Amount $2,448
Property Description
This well-maintained up-down duplex offers an excellent investment with a projected 10% cap rate. This property features a three car wide driveway with plenty of free on street parking, two hydro meters, two water meters, newer vinyl windows throughout, newer plumbing and electrical. Upstairs unit with 3 bedrooms, kitchen, full bath and in-unit laundry, a main floor unit with 3 bedrooms, a kitchen, full bath room and laundry. The main floor also comes with a basement in-law suite with a separate entrance, the basement suite features 8ft ceilings, 1 bedroom, full kitchen and in-suite laundry. Additionally, there's a rentable garage with a second story loft on the property for extra income. Currently owner-occupied, vacant possession will not be an issue at closing. This versatile property is ideal for generating rental income while living in one unit or maximizing returns by leasing all units. Call today for more information.
Location
Province ON
County Norfolk
Area Delhi
Zoning R1-A
Rooms
Kitchen 0
Interior
Heating Baseboard, Forced Air, Natural Gas
Cooling Central Air, Other
Laundry None
Exterior
Exterior Feature Landscaped
Garage Detached Garage
Garage Spaces 2.0
Fence Fence - Partial
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Rectangular, City Lot, Library, Park, Place of Worship, Quiet Area, Schools, Shopping Nearby
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Delhi Ps; St Frances Cabrini Cs
High Schools Delhi District Ss; Holy Trinity Chs
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