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$619,000
Est. payment /mo
4 Beds
2 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100 - 1500
Square Footage 1,100 sqft
Price per Sqft $562
Subdivision 717 - Cornwall
MLS® Listing ID X13525986
Style Raised bungalow
Bedrooms 4
Property Description
ONE UNIT VACANT - Great Opportunity! 2459 Watson Crescent is a well maintained and purpose-built duplex with one vacant unit (lower unit) perfect for owner occupant! Both units are 2 bedroom, 1 bathroom, and feature very functional layouts. This property is perfect for an investor looking for a solid appreciating investment or an owner-occupant looking to offset costs with a tenant in the other unit. Current rent for the upper/main unit is $1,837.80 + Utilities while the lower vacant unit has a market rent of $1,950.00 + Utilities. If lower unit was rented the Gross Income would be: $45,453.60, Operating Expenses would be: $10,359.00, and Net Operating Income would be: $35,094.60. The upper unit has a potential rent of $2,100+Utilities or more which would bring the Net Income up further to $38,241. Cornwall's Eastridge development is just a short walk from the St Lawrence River, the bike path, and Grey's Creek. Enjoy a family oriented neighbourhood thats just a short drive from all the amenities that Cornwall has to offer. Both units in this property feature 2 bedrooms, 1 bathroom, and their own laundry room. Separate gas and hydro meters. While the main floor unit features an attached garage, quartz countertops, and a rear deck, the lower unit utilizes the carport and has large bright windows and a spacious storage area. 24-hour notice for showings required. As per Form 244 minimum 24 hour irrevocable required on all offers. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 4
Garage Yes
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Raised bungalow
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Listed by RE/MAX AFFILIATES MARQUIS LTD.
NEARBY SCHOOL & BUSINESS
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4