21929 MAIN STREET

North Glengarry, Ontario, K0B1H0, Canada

$309,000

Excellent Investment Opportunity! This well-maintained duplex in Glen Robertson is currently vacant and ready for occupancy whether by tenants or an owner-occupant. The spacious main unit features 3 bedrooms, 2 bathrooms, a bright, well-appointed kitchen adjacent to the dining area, and a generous living room. The second unit offers 2 bedrooms, a 3-piece bathroom, a comfortable living room, and an eat-in kitchen. Previously rented at $1,100, the second unit provides solid income potential, while the main unit could generate $1,500 per month. Both units have separate Hydro and Gas meters, allowing tenants to cover their own utilities. Each unit is equipped with its own natural gas furnace (2012) and a new hot water tanks (2024). With a potential gross income of $31,200 per year and an estimated net income of $25,100, this property offers a solid 8.1% cap rate.

EXTRAS: Sloping

Virtual Tour: https://my.matterport.com/show/?m=A7VDwDRBYWo

Last updated on : Thursday 23rd of January 2025 03:59:45 PM

ADDRESS

Street : 21929 MAIN STREET

City : North Glengarry

Province : Ontario

Country : Canada

Postal Code : K0B1H0

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PROPERTY SUMMARY

Property ID : X11931523

Building Type : Duplex

Property Type : Single Family

Bedrooms : 5

Bathrooms : 3 + 1

Parking : 4

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