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40 Russell Street W Smiths Falls, Ontario K7A 1P2

None Forced Air

$325,000

What a solid Brick duplex. Property can use some updating although there are two newer gas furnaces. One for each unit. This property is oversized and may be able to be subdivided in the future. Check with the city. This was once a single family home and could be converted back. There is a tenant in the upper unit who is paying $900 per month plus utilities. The main floor is vacant and could be rented at market rent or is great for an owner occupied unit. With the rent upstairs it would cover over $100,000 of the mortgage so it is like buying a property for $225,000. as far as cash out of pocket per month if you were to occupy the main floor. Lovely yard and a two car garage that is divided so each tenant could have one half of the two car garage. (id:58456)

Property Details

MLS® Number 1401625
Property Type Multi-family
Neigbourhood Smiths Falls
ParkingSpaceTotal 4

Building

BasementDevelopment Unfinished
BasementFeatures Low
BasementType Unknown (unfinished)
ConstructionMaterial Masonry
CoolingType None
ExteriorFinish Brick
FlooringType Laminate
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
CurrentUse Development Residential
Sewer Municipal Sewage System
SizeDepth 120 Ft ,11 In
SizeFrontage 55 Ft ,3 In
SizeIrregular 55.28 Ft X 120.88 Ft (irregular Lot)
SizeTotalText 55.28 Ft X 120.88 Ft (irregular Lot)
ZoningDescription R3

https://www.realtor.ca/real-estate/27155383/40-russell-street-w-smiths-falls-smiths-falls

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Ken Dekker
Broker


Solid Rock Realty
5 Corvus Court
Ottawa, Ontario K2E 7Z4

Yetta (Jette) Dekker
Broker


Solid Rock Realty
5 Corvus Court
Ottawa, Ontario K2E 7Z4

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