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84 DURHAM Street W Lindsay

84 DURHAM Street W, Lindsay

$579,000

  • 7
  • 3
2,431 Square Feet
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (6.82 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 7 sizable bedrooms all with windows, 3 baths, 2 kitchens and shared laundry in the basement. Huge 33 x 173 lot, large covered porch, private driveway for 4 car parking, basement walk/out, second floor balcony, and a massive backyard with a large deck off the main floor & shed for storage. Upper unit - 5 bedroom unit with kitchen. Lower unit - 2 bedroom unit with kitchen & w/o to back deck. 2 sets of Coin-operated washers & dryers with seperate entrance in the basement. Room in basement to potentially expand. Gross annual income is approx $47,340. Minutes to downtown, church, restaurants and 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: Additional bathroom & shower in upstairs unit added, Sensors for furnace and added cold air returns to improve heating efficiency and costs, most apartments have been repainted, repairs to porch & repaint of porch. (id:45839)
  • Listing ID: 40661861
  • Property Type: Single Family
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Rooms

LevelTypeDimensions
Second LevelBedroom12'2'' x 10'3''
Second LevelBedroom12'2'' x 10'6''
Second Level3pc Bathroom7'6'' x 5'7''
Second LevelKitchen15'9'' x 11'10''
Third Level3pc Bathroom7'0'' x 5'8''
Third LevelBedroom12'8'' x 10'4''
Third LevelBedroom14'11'' x 8'9''
Third LevelBedroom14'10'' x 8'10''
BasementStorage10'3'' x 10'0''
BasementLaundry Room14'5'' x 10'2''
Main Level4pc Bathroom7'1'' x 5'0''
Main LevelBedroom11'4'' x 10'6''
Main LevelBedroom12'10'' x 11'9''
Main LevelKitchen17'7'' x 10'2''

Details

  • Amenities Nearby: Hospital, Park, Schools
  • Equipment: Water Heater
  • Ownership: Freehold
  • Parking Spaces: 4
  • Rental Equipment: Water Heater
  • Structure: Porch
  • Transaction: For sale
  • View: City view
  • Zoning Description: R3 - Duplex

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 7
  • Construction Style Attachment: Semi-detached
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Unknown
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2431 sqft
  • Stories Total: 2.5
  • Type: House
  • Utility Water: Municipal water

Land

  • Access Type: Road access
  • Amenities: Hospital, Park, Schools
  • Sewer: Municipal sewage system
  • Size Depth: 173 ft
  • Size Frontage: 33 ft
  • Size Irregular: 0.134
  • Size Total: 0.134 ac|under 1/2 acre

REALTOR® MLS®
Listing provided by Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
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    Looking for more information or to schedule a showing? Contact Christine Smith today.

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    This property for sale is located at 84 DURHAM Street W in Lindsay. It was last modified on November 14th, 2024. Contact Christine Smith to schedule a viewing or to discover other Lindsay homes for sale.

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