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$ 410,000
Est. payment /mo
Price Dropped by $10K
126 METCALF Street #A&B Strathroy, ON N7G 1M8
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25022940
Construction Status Approximate
Year Built 1890
Annual Tax Amount $2,213
Tax Year 2024
Property Sub-Type Duplex
Source WESC
Property Description
Let the tenant pay the mortgage here! There are 4 ways to use this unique setup. 1. Seniors or first-time buyers live in the one and two-bedroom main floor unit and rent out the second-floor apartment for extra income. 2. Ideal for extended family (multi-generational family living) the parents live on the main floor, while the children live in the second floor apartment. 3 As an investor simply rent out both units as an excellent income investment with the potential to exceed an 8% cap rate. 4. This home can easily be converted back to a low-priced single family home. Separate hydro meters, plenty of driveway parking, numerous updates such windows, kitchen, bathrooms, flooring, painting throughout, roof shingles, soffit, fascia, eavestrough and much more. Ideally located near downtown Starthroy, in walking distance to all amenities. This home is currently used for multi-generational living, the owners and his extended family. There are no fixed rents. This well maintained brick Century home offers timeless character with a large wrap around front porch with original decorative gingerbread. There is a one and a half car garage, a spacious basement for storage and a large heatable workshop attached to the garage. Enjoy the fully fenced magnificent back yard, your private oasis of plants, trees, nature plus a gazebo for family fun and entertaining. Quick possession! Call today!
Location
Province ON
Zoning R3
Interior
Heating Central Air Conditioning, Forced Air
Cooling Central Air Conditioning, Forced Air
Flooring Carpeted, Ceramic or Porcelain, Cushion or Lino or Vinyl
Exterior
Roof Type Asphalt Shingle
Building
Foundation Concrete
Sewer Sanitary
Construction Status Approximate
Listed by Shanahan Realty Inc., Real Estate Brokerage