5 Robinson Avenue, Smiths Falls, Ontario K7A 1K3

Listed for:
$350,000
2 beds
2 baths
Listed 27 days ago
Duplex for rent: 5 Robinson Avenue, Smiths Falls, Ontario K7A 1K3

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About

Cross Streets: Montague and Robinson Ave. ** Directions: Head north onto Hwy 29 into Smiths Falls, head through downtown, and turn onto Beckwith Street North, and you will turn right onto Montague, and the second street on the right is Robinson #5, and it is located on the right-hand side. DUPLEX- This turnkey 1900 sq. ft. duplex is generating strong income from day one, making it an excellent investment opportunity or an ideal owner-occupied property. The main-floor unit is a spacious 2-bedroom, 1-bath suite featuring a fenced private backyard and covered deck. All appliances are included (dishwasher not connected and sold as is). The upper unit offers a 2+1 bedroom, 1-bath layout with appliances included and access to an upper deck from one of the bedrooms. Current rents are $1,700/month for Unit 1 and $1,600/month for Unit 2, with tenants paying their own heat and hydro. Water and sewer are paid by the landlord. Hot water heaters are rentals at $18.58 + HST per unit, and both furnaces are rentals at $93.21 + HST per unit ($223.58 + HST monthly total, and furnaces are transferable). Annual water and sewer costs are approximately $1,400. Whether you're looking to invest, live in one unit while the rental income helps cover most of the mortgage, or add to your investment portfolio, this property is a smart and flexible way to enter-or expand within-the housing market. All pictures are prior to tenants moving in. Many updates have been done to both units; pictures are prior to tenants. 24-36 hours must be given to both tenants for all showings. (id:27476)

Property Highlights

MLS® Number
X12710042
Type
Multi-family
Community Name
901 - Smiths Falls
Land Size
66 x 132 FT
Parking Space Total
2

Building

Building Type
Duplex
Storeys
1.50
Square Footage
1500 - 2000 sqft
Bathrooms Total
2
Bedrooms Above Ground
2
Bedrooms Total
2
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
Crawl space
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX HOMETOWN REALTY INC
MLS® number:
X12710042
Agent:
Bambi Marshall
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