2 Foster Avenue Smiths Falls, Ontario K7A 1K1

$359,900

Discover an exceptional investment opportunity in the vibrant town of Smiths Falls, with this charming duplex, perfectly situated on a desirable corner lot. This property offers two units: a cozy 1-bedroom unit and a spacious 2-bedroom unit, each boasting independent driveways for added convenience. The current tenants are a valuable asset, with the 1-bedroom unit generating $985/month and the 2-bedroom unit bringing in $1595/month. Tenants are responsible for heat and hydro costs, as well as lawn care and snow removal, minimizing your overhead expenses. This well-maintained duplex, with its attractive rental income and minimal landlord responsibilities, is an ideal addition to any investor's portfolio. Don’t miss out on this rare opportunity to own a prime piece of Smiths Falls real estate! (id:43934)

Property Details

MLS® Number	1401922
Property Type	Multi-family
Neigbourhood	Smiths Falls
ParkingSpaceTotal	4
Structure	Deck

Building

BasementDevelopment	Unfinished
BasementFeatures	Low
BasementType	Unknown (unfinished)
ConstructedDate	1900
CoolingType	None
ExteriorFinish	Stone, Siding
FlooringType	Hardwood, Laminate, Tile
FoundationType	Stone
HeatingFuel	Electric, Natural Gas
HeatingType	Baseboard Heaters, Forced Air
StoriesTotal	2
Type	Duplex
UtilityWater	Municipal Water

Parking

Attached Garage

Land

Acreage	No
Sewer	Municipal Sewage System
SizeDepth	71 Ft
SizeFrontage	58 Ft ,10 In
SizeIrregular	58.87 Ft X 70.97 Ft
SizeTotalText	58.87 Ft X 70.97 Ft
ZoningDescription	Residential

https://www.realtor.ca/real-estate/27186723/2-foster-avenue-smiths-falls-smiths-falls