Property Information:
Cash-Flowing Duplex Opportunity in the Heart of Alexandria! Add This Income-Producing Property to Your Investment Portfolio! Looking for a solid investment with immediate upside? This side-by-side duplex offers two self-contained 2-storey, 2-bedroom units under one ownership, making it an excellent addition to any real estate portfolio. Investment Highlights: Side-by-side duplex (2 semi-detached homes under one ownership) Two spacious 2-bedroom units Front unit offers 2 bathrooms and central air conditioning Rear unit features 1 full bathroom Two newer natural gas furnaces (only a few years old) Front unit extensively renovated several years ago Parking for 5+ vehicles Walking distance to shopping, schools, and everyday amenities. Income & Opportunity Front Unit: Currently rented for $1,800/month plus utilities and will be vacant August 31, giving the new owner the flexibility to: Set a new market rent Move in and offset your mortgage with rental income Select your own tenant Rear Unit: Currently rented for $750/month plus utilities, providing immediate cash flow. Each unit has its own gas furnace, while hydro and water/sewer costs are separately managed, making this an efficient investment property. Inside, the bright front unit features high ceilings and oversized windows that flood the main floor with natural light. Both units include spacious second-floor landings that are perfect for a home office, reading nook, or nursery. Whether you're an experienced investor looking to expand your portfolio, or a first-time investor searching for a property with strong upside potential, this Alexandria duplex offers immediate income today with the opportunity to increase future returns. (id:27)
Building Features:
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Style:
Semi-Detached
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Building Type:
House
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Amenities:
Separate Hydro Meters, Separate Heating Controls
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Basement Development:
Unfinished
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Basement Type:
N/A
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Construction Style - Attachment:
Semi-detached
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Exterior Finish:
Vinyl siding
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Floor Space:
2000 - 2500 sqft
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Foundation Type:
Stone
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning, None
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Appliances:
Water meter
