Property Description for 84 DURHAM Street W
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay. This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 7 sizable bedrooms all with windows, 3 baths, 2 kitchens and shared laundry in the basement. Huge 33 x 173 lot, large covered porch, private driveway for 4 car parking, basement walk/out, second floor balcony, and a massive backyard with a large deck off the main floor & shed for storage. Upper unit - 5 bedroom unit with kitchen. Lower unit - 2 bedroom unit with kitchen & w/o to back deck. 2 sets of Coin-operated washers & dryers with seperate entrance in the basement. Room in basement to potentially expand. Gross annual income is approx $47,340. Minutes to downtown, church, restaurants and 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: Additional bathroom & shower in upstairs unit added, Sensors for furnace and added cold air returns to improve heating efficiency and costs, most apartments have been repainted, repairs to porch & repaint of porch. (id:38686)
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Property Details
Property Tax
: $2,250MLS® #
: 40661861
Home Features
Property Type
: Single FamilySquare Footage
: 2,431 SQFTSubdivision
: Lindsay (Town)
Interior Features
Heating
: Forced air, Natural gasBasement
: Finished, Full
Exterior Features
Acreage
: 0.13
Utilities
Sewer
: Municipal sewage system
Other
Exterior Features
: Brick
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