185 Duke Street Clarington, Ontario L1C 3K3
$1,558,000
An incredible investment opportunity awaits with this fully tenanted property, generating over $10,000 per month in rental income – a true cash cow! Situated on a spacious 0.9-acre lot, this property features three separate entrances and two separate meters, offering maximum flexibility for tenants and owners alike. The main floor boasts two separate units with a large kitchen, a separate dining room, and stunning wood flooring throughout, providing a warm and inviting atmosphere. The basement unit offers four bedrooms, ideal for larger tenant groups, while the other side of the building features five tenant rooms, ensuring consistent rental income. Conveniently located close to a highway, this property not only provides excellent accessibility for tenants but also promises long-term value in a high-demand location. Whether you're expanding your portfolio or starting your real estate investment journey, this property is an opportunity you won’t want to miss! (id:59646)
Property Details
| MLS® Number | 40684845 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Community Features | School Bus |
| Parking Space Total | 7 |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1850 |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Brick |
| Heating Fuel | Electric |
| Heating Type | Other |
| Stories Total | 2 |
| Size Interior | 2961 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Septic System |
| Size Depth | 295 Ft |
| Size Frontage | 100 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | A+ep |
https://www.realtor.ca/real-estate/27733316/185-duke-street-clarington
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December 12 2024 06:44:00
Kitchener-Waterloo Association of REALTORS®
Exp Realty, Exp Realty, Brokerage
