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MLS® 26018281

  • Property Details
  • Rooms
  • Map

Description

Turnkey Duplex Opportunity! Discover this fully converted duplex situated on an impressive approximately ¼-acre lot in a desirable neighbourhood in Ridgetown. Extensively renovated in 2022, this low-maintenance property is an excellent opportunity for investors and owner-occupants alike. The duplex features two spacious rental units generating a combined $3, 520 per month in rental income. The front unit rents for $1, 725/month (all-inclusive), while the rear unit rents for $1, 795/month, with the tenant responsible for their own gas service. Designed with tenant appeal in mind, each unit enjoys its own private backyard space, offering added privacy and outdoor living that's rarely found in duplex properties. The generous lot also provides ample parking and plenty of room to enjoy. With extensive updates already completed and reliable rental income in place, this property offers a seamless investment opportunity from the day you take possession. Whether you're expanding your investment portfolio or searching for your first home, this property also presents an excellent house-hacking opportunity—live in one unit while the rental income from the other helps offset your mortgage and monthly expenses. Don't miss this opportunity to own a fully renovated income property with exceptional flexibility, offering the potential to generate income from day one while building long-term wealth. (id:58753)Show Description

Key Facts

Type Duplex
Levels Residential
Size -
Taxes $1,990
Days Active 1
MLS® Number 26018281
Central VacNo
FireplaceNo
HeatForced air, Natural gas, Furnace

Additional Information

Siding Aluminum Siding
Landscaping Gravel Driveway

Rooms

Show Details
RoomDimensionsLevel
RoomBedroom 1Dimensions7.1 × 10.8 ftLevelSecond Floor
RoomUtility RoomDimensions7.6 × 8 ftLevelBasement
RoomOtherDimensions7 × 9.6 ftLevelBasement
RoomLiving RoomDimensions11.2 × 11.3 ftLevelMain Floor
RoomLaundryDimensions6.4 × 10.6 ftLevelMain Floor
RoomOtherDimensions5.9 × 6.3 ftLevelSecond Floor
RoomKitchenDimensions11.1 × 11.5 ftLevelMain Floor
RoomOtherDimensions11.1 × 13 ftLevelMain Floor

Price History

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  • Commute

Commute

Starting Address
Destination Address
5 Tiffany St, Ridgetown, ON

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