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110 CHAMBERS STREET

Smiths Falls, Ontario K7A2Z1

$579,999 for sale



MLS®:
X13827710
Contract Days:
1
Community:
Ownership:
Property Type:
Duplex
Total Size:
66 x 40 FT
Built Date:
Parking:
3
Bedrooms:
4+
Bathrooms:
2
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
4
Bedrooms Above Ground:
4
Bedrooms Below Ground:
Total Bathrooms:
2
Whole Bathrooms:
2
Half Bathrooms:
Basement Type:
Full (Unfinished)
Basement Development:
Unfinished
Appliances:
Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
Exterior Features

Built Date:
Exterior Finish:
Brick, Vinyl siding
Foundation Type:
Stone
Utitilies

Heating Type:
Radiant heat
Heating Fuel:
Natural gas
Cooling Type:
Central air conditioning
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size
Laundry room
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Bathroom
Main level
Measurements not available
Bedroom
Main level
Measurements not available
Kitchen
Main level
Measurements not available
Living room
Main level
Measurements not available
Other
Basement
Measurements not available
Bedroom
Second level
Measurements not available
Bedroom
Second level
Measurements not available
Kitchen
Second level
Measurements not available
Living room
Second level
Measurements not available
Laundry room
Second level
Measurements not available
Bathroom
Second level
Measurements not available

Note

TURNKEY INCOME OPPORTUNITY Duplex with $3,200/MONTH in current rental income! Welcome to 110 Chambers Street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the Market Street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is." (id:19004)

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