40 RUSSELL St W
901 - Smiths Falls, Smiths Falls, K7A 1P2
FOR SALE
$325,000
Sold
$310,000
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-10 | 2024-08-09 | 31 | $325,000 | $310,000 | Sold |
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Property Description
What A Solid Brick Duplex. Property Can Use Some Updating Although There Are Two Newer Gas Furnaces. One For Each Unit. This Property Is Oversized And May Be Able To Be Subdivided In The Future. Check With The City. This Was Once A Single Family Home And Could Be Converted Back. There Is A Tenant In The Upper Unit Who Is Paying $900 Per Month Plus Utilities. The Main Floor Is Vacant And Could Be Rented At Market Rent Or Is Great For An Owner Occupied Unit. With The Rent Upstairs It Would Cover Over $100,000 Of The Mortgage So It Is Like Buying A Property For $225,000. As Far As Cash Out Of Pocket Per Month If You Were To Occupy The Main Floor. Lovely Yard And A Two Car Garage That Is Divided So Each Tenant Could Have One Half Of The Two Car Garage., Flooring: Laminate
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