110 Chambers Street, Smiths Falls, Ontario

$579,999

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4

Beds

2

Baths

About 110 Chambers Street

TURNKEY INCOME OPPORTUNITY Duplex with $3,200/MONTH in current rental income! Welcome to 110 Chambers Street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the Market Street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is." (id:6289)

More Info on this 901 - Smiths Falls Duplex MLS® listing

110 Chambers Street is a duplex listing for sale in Smiths Falls. The MLS® number is X13827710. It features 4 bedrooms, 2 bathrooms. It's currently listed for $579,999. For more details on MLS® X13827710, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This duplex listing in 901 - Smiths Falls is available now!

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Features of 110 Chambers Street

Listing # X13827710
Price $579,999
Bedrooms 4
Bathrooms 2.00
Type Multi-family
Sub-Type Duplex

Community Information

Address 110 Chambers Street
Area 901 - Smiths Falls
Subdivision 901 - Smiths Falls
City Smiths Falls
Province Ontario
Postal Code K7A2Z1

Amenities

Parking Spaces 3
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
Heating Radiant heat, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No
Basement Unfinished, Full

Exterior

Exterior Brick, Vinyl siding
Lot Description 66 x 40 FT
Foundation Stone

Listing Details

OfficeEXP REALTY

Listing Map

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