$125,000
High-upside duplex with strong income potentialideal for investors or first-time buyers looking to house-hack and build equity. Located in a convenient, transit-friendly area with solid rental demand, this property offers immediateincome and clear value-add opportunities.The upper unit (3rd floor) is a self-contained 2-bed, 1-bath, currently rented for $1,200/month (tenantpays utilities). The main and second levels feature a spacious 6-bed, 2-bath layout ready for updates,with excellent potential to reconfigure into two units and significantly increase rental income.The lower level requires improvements but supports a projected total rental income of Approx.$3,900/month across two unitsor live in one and rent the others for strong mortgage offset.Key features include a newer roof (2 years), walk-out basement, multiple entrances, municipal services,and parkingideal for multi-unit conversion. A clear value-add opportunity with proven income history and strong upside in both cash flow and equity. (id:63476)
Property Details
|
MLS® Number |
202608521 |
|
Property Type |
Multi-family |
|
Community Name |
Sydney |
|
Amenities Near By |
Park, Playground, Public Transit, Shopping, Place Of Worship |
|
Community Features |
Recreational Facilities, School Bus |
Building
|
Basement Development |
Unfinished |
|
Basement Features |
Walk Out |
|
Basement Type |
Full (unfinished) |
|
Exterior Finish |
Aluminum Siding |
|
Flooring Type |
Laminate, Vinyl |
|
Foundation Type |
Concrete Perimeter |
|
Type |
Duplex |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Land Amenities |
Park, Playground, Public Transit, Shopping, Place Of Worship |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
0.0918 |
|
Size Total |
0.0918 Ac |
|
Size Total Text |
0.0918 Ac |