32 ST GEORGE STREET, Kawartha Lakes (Lindsay), Ontario, K9V1W5
Attention investors! Here's an excellent opportunity to add a fully occupied income property to your portfolio. This solid brick semi-detached home features two self-contained 2-bedroom units and offers an attractive cap rate of about 7%, making it a compelling investment in today's market.The upper unit features a bright and comfortable layout with sliding doors leading to a private deck overlooking the fenced backyard, while the lower unit offers a cozy and functional living space that tenants are proud to call home. Both units are well maintained, heated with natural gas, and currently occupied by established tenants, providing immediate rental income. Situated in a quiet location close to the waterfront, parks, and local amenities, this property offers the lifestyle and convenience tenants are seeking. Ample on-site parking further enhances its appeal. Current rental income totals $3,850 per month, with the upper unit generating $2,000/month and the lower unit generating $1,850/month. Whether you're a seasoned investor or looking to acquire your first income property, this turnkey opportunity offers stable cash flow and long-term potential in a desirable location. (id:2471)
ROYAL HERITAGE REALTY LTD., BROKERAGE
- 705-212-9996
- (705) 328 3800
- (705) 878 3422
- Info@Jancsiks.com
- Property Address: 32 ST GEORGE STREET, Kawartha Lakes (Lindsay), Ontario, K9V1W5
- Community Name: Lindsay
- Property Type: Single Family
- Zoning Description: Res 3
- Title: Freehold
- Lot Size: 31 x 96.8 FT
- Acreage: 31 x 96.8 FT|1/2 - 1.99 acres
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Detached Garage, No Garage
- Total Parking Spaces: 4
- Maintenance Fee: 0.00
- Amenities Nearby: Park
- Structure Style: House
- Style: Semi-detached
- Storeys: 1
- Floor Space: 700 - 1100 sqft
- Building Age: 31 to 50 years
- Bedrooms: 2 + 2
- Bathrooms: 2-Total
- Basement Type: N/A, N/A
- Heating Type: Natural gas, Forced air
- Cooling: Window air conditioner
- Exterior Type: Brick, Aluminum siding
- Foundation Type: Concrete
- Appliances Included: Water Heater, Water meter, Dryer, Two stoves, Two Washers, Two Refrigerators
- Structures: Shed
- Cul-de-sac
- Dry
- Carpet Free
- Community Centre
| Type | Level | Dimensions |
|---|---|---|
| Living room | Lower level | 6.4 m x 2.77 m |
| Laundry room | Lower level | 2.86 m x 2.99 m |
| Bedroom | Lower level | 3.26 m x 3.87 m |
| Bedroom | Lower level | 2.9 m x 3.96 m |
| Living room | Upper Level | 5.09 m x 3.69 m |
| Bedroom | Upper Level | 3.84 m x 2.38 m |
| Bedroom | Upper Level | 3.26 m x 4.3 m |
| Kitchen | Upper Level | 6.34 m x 2.68 m |
Listing Office: Re/Max All-Stars Realty Inc.
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