390-394 Hyde Street Prescott, Ontario K0E 1T0

$475,000

Two units. Zero tenants. One seriously interesting opportunity. Welcome to 390-394 Hyde Street, a VACANT, well-maintained duplex that gives its next owner something investors love: options. Choose your own tenants, set your own rents, live in one and let the other help pay the bills, or add both doors to your investment portfolio. 390 offers 2 bedrooms PLUS an office/den, 2 bathrooms, a formal dining room, living room, kitchen and two porches. 394 brings another 3 bedrooms, 1 bathroom, dining room, living room and kitchen. That's five bedrooms, three bathrooms and plenty of space between the two units. Sitting proudly on a corner lot, there's another surprise out back: a detached DOUBLE-CAR GARAGE with a loft. Storage, toys, workshop space... you decide. Now, let's talk numbers. At projected rents of $1,500/month per unit, you're looking at $36,000 in potential gross annual rent. Using a 5% vacancy allowance, 5% maintenance/repair allowance, 2026 taxes of $2,993.18 and insurance of $2,752.67, estimated NOI is approximately $26,654 - translating to a projected 5.61% cap rate at the $475,000 asking price. Plus, each unit has separate hydro and gas meters.Vacant duplex. Double garage. Five bedrooms between the units. 390-394 Hyde Street might just make your calculator - and your portfolio - very happy. Rental income, expenses, NOI and cap rate are projections only. Buyers to complete their own due diligence. (id:43934)

Open House

This property has open houses!

Property Details

MLS® Number	X13770498
Property Type	Single Family
Community Name	808 - Prescott
Amenities Near By	Park, Place Of Worship, Golf Nearby
Community Features	Community Centre
Parking Space Total	4
View Type	City View

Building

Bathroom Total	3
Bedrooms Above Ground	5
Bedrooms Total	5
Age	100+ Years
Amenities	Separate Heating Controls, Separate Electricity Meters
Appliances	Water Heater, Dishwasher
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Construction Style Attachment	Semi-detached
Cooling Type	Central Air Conditioning
Exterior Finish	Aluminum Siding
Fire Protection	Smoke Detectors
Foundation Type	Stone
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,000 - 2,500 Sqft
Type	House
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Land Amenities	Park, Place Of Worship, Golf Nearby
Sewer	Sanitary Sewer
Size Depth	100 Ft
Size Frontage	45 Ft
Size Irregular	45 X 100 Ft
Size Total Text	45 X 100 Ft
Zoning Description	Residential (r3)

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Primary Bedroom	4.04 m	3.31 m	4.04 m x 3.31 m
Second Level	Office	3.69 m	2.49 m	3.69 m x 2.49 m
Second Level	Bedroom	3.2 m	3.73 m	3.2 m x 3.73 m
Second Level	Other	1.74 m	0.83 m	1.74 m x 0.83 m
Second Level	Bathroom	2.37 m	2.07 m	2.37 m x 2.07 m
Second Level	Primary Bedroom	3.23 m	3.69 m	3.23 m x 3.69 m
Second Level	Bedroom	3.75 m	2.48 m	3.75 m x 2.48 m
Second Level	Bedroom	3.92 m	3.26 m	3.92 m x 3.26 m
Second Level	Bathroom	2.45 m	2.05 m	2.45 m x 2.05 m
Main Level	Kitchen	3.96 m	3.26 m	3.96 m x 3.26 m
Main Level	Dining Room	3.5 m	4.63 m	3.5 m x 4.63 m
Main Level	Dining Room	3.39 m	4.66 m	3.39 m x 4.66 m
Main Level	Kitchen	4.12 m	5.04 m	4.12 m x 5.04 m
Main Level	Bathroom	3.29 m	2.38 m	3.29 m x 2.38 m
Main Level	Other	2.27 m	4.62 m	2.27 m x 4.62 m
Main Level	Living Room	3.47 m	4.63 m	3.47 m x 4.63 m
Main Level	Foyer	2.15 m	2.26 m	2.15 m x 2.26 m
Main Level	Other	2.21 m	2.15 m	2.21 m x 2.15 m
Main Level	Living Room	3.5 m	4.66 m	3.5 m x 4.66 m

Utilities

Cable	Installed
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/30264169/390-394-hyde-street-prescott-808-prescott