21929 Main ST Active

North Glengarry,ON K0B 1H0

$ 309000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 721 - North Glengarry (Lochiel) Twp

MLS Listing ID X11931523

Style 2-Storey

Bedrooms 5

Annual Tax Amount $1,888

Tax Year 2024

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Stormont, Dundas And Glengarry

Community 721 - North Glengarry (Lochiel) Twp

Area Stormont, Dundas And Glengarry

Zoning Residential

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Separate Hydro Meter,Separate Heating Controls,Water Heater

Cooling None

Inclusions Stove, washer, dryer, freezer, light fixtures, some furniture could be included.

Exterior

Exterior Feature Deck,Landscaped

Parking Features Available

Garage Spaces 1.0

Pool None

View Clear

Roof Type Metal

Lot Frontage 46.0

Lot Depth 160.0

Total Parking Spaces 4

Building

Foundation Concrete,Stone

Others

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