Address
183 DOMINION STREET S, Alexandria, ON
Price
$ 375,000
Property Attributes
  • ID#1386993
  • TypeMulti-Family
  • CountyCORNWALL
  • CityAlexandria
  • NeighborhoodAlexandria
  • ZipK0C 1A0
  • StyleDuplex
  • Price$ 375,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
RLP - CREA EN
Property Description

Incredible Investment Opportunity! This side-by-side duplex boasts lucrative cash flow with a net of $40,992 and an impressive 10.9% CAP RATE. Each unit features 3 bedrooms, 2 baths, and ample space. Unit 185 is currently rented at $1900 + utilities with a lease in place, while Unit 183 is owner-occupied and will be vacant upon possession, offering potential rental income of $2100 + utilities. Convenient shared driveway with 179 Dominion St (MLS #1386992), with parking currently behind the adjacent log home. If purchased separately, you'll have the option to add parking behind this unit. Both units offer spacious kitchens with laundry, full baths, and comfortable living and dining areas on the main floor. Upstairs, find three bedrooms and a half bath. Whether you're an investor seeking excellent returns or looking to live in one unit while the other generates income, this opportunity is not to be missed! (id:27)

General Features

Zoning Residential
Terms SALE
Neighbourhood Alexandria
Parking yes
Building Type Duplex
Amenities Nearby Shopping
Current Use Development residential
Property Type Multi-family
Sewer Municipal sewage system
Structure Type Porch
Lease Type Lease Type
Parking Spaces 4

Interior Features

Basement Unfinished
Basement Type Cellar
Cooling Type None
Flooring Type Hardwood,Linoleum,Wood
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Forced air

Exterior Features

Exterior Finish Siding
Lot Frontage 35.7
Parking Type Gravel
Road Type Paved road
Lot Size 35.67 ft X 126.4 ft

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K0C 1A0

Price
AVG $1.37M
$380K
Visits
AVG 90
17
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1890