84 DURHAM ST W Active Save Request In-Person Tour Request Virtual Tour
Kawartha Lakes,ON K9V 2P9
Key Details
Property Type Multi-Family
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,431 sqft
Price per Sqft $238
Subdivision Lindsay
MLS Listing ID X10439162
Style 2 1/2 Storey
Bedrooms 7
Annual Tax Amount $2,250
Tax Year 2023
Property Sub-Type Semi-Detached
Property Description
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (6.82 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 7 sizable bedrooms all with windows, 3 baths, 2 kitchens and shared laundry in the basement. Huge 33 x 173 lot, large covered porch, private driveway for 4 car parking, basement walk/out, second floor balcony, and a massive backyard with a large deck off the main floor & shed for storage. Upper unit - 5 bedroom unit with kitchen. Lower unit - 2 bedroom unit with kitchen & w/o to back deck. 2 sets of Coin-operated washers & dryers with seperate entrance in the basement. Room in basement to potentially expand. Gross annual income is approx $47,340. Minutes to downtown, church, restaurants and 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: Additional bathroom & shower in upstairs unit added, Sensors for furnace and added cold air returns to improve heating efficiency and costs, most apartments have been repainted, repairs to porch & repaint of porch.
Location
Province ON
County Kawartha Lakes
Community Lindsay
Area Kawartha Lakes
Zoning R3 - Duplex
Rooms
Basement Finished,Full
Kitchen 2
Interior
Interior Features Other
Cooling None
Inclusions Includes appliances & misc. furniture - see schedule D for inclusions/exclusions., Other
Laundry In Basement,Shared
Exterior
Exterior Feature Deck,Porch
Parking Features Private
Pool None
View City
Roof Type Shingles
Lot Frontage 33.22
Lot Depth 173.15
Exposure North
Total Parking Spaces 4
Building
Foundation Unknown
New Construction false
Others
Senior Community No
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