8 Main St N, Elmwood, ON

Loads of potential in this spacious two-storey home situated on an extra-large L-shaped lot! Currently configured as a duplex, this property could easily be converted back to a single-family residence to suit your needs. The main-floor unit is currently vacant offering the opportunity to set your own rental rate. This unit is heated by a F/A gas furnace, new in 2012. It offers a spacious kitchen and living room, plus a family room, two-bedrooms, laundry, and split layout 3 pc. bath and access to full basement. The upper-level unit has an eat-in kitchen, large living room, three bedrooms and full bath. Long-term tenants are family friends and pay $1, 500/month all-inclusive. Separate hydro meters and two hot water heaters provide added flexibility. Lots of space for kids, pets, and gardening in the oversize backyard, complete with A/G pool. Whether you are a first-time Buyer looking to offset your mortgage with rental income, or someone looking for a multi-generational living arrangement or if you are looking to add to your investment portfolio, this property offers excellent potential.