82 Durham Street W Active Save Request In-Person Tour Request Virtual Tour
Lindsay,ON K9V 2P9
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,826 sqft
Price per Sqft $284
MLS Listing ID 40661833
Style 2.5 Storey
Bedrooms 5
Full Baths 2
Annual Tax Amount $2,641
Lot Size 6,098 Sqft
Property Description
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay, with gross annual income of approx. $40,200 (6.02 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 5 sizable bedrooms all with windows, 2 kitchens and 2 large shared living spaces above grade. Huge 36 x 173 lot, large covered porch, private driveway for 4 car parking, and a massive backyard with a large deck off the main floor & shed for storage.
There's even a second floor balcony! Upper unit - 2 bedroom unit with kitchen and wonderful 3rd storey loft living space. Lower unit - 3 bedroom unit with kitchen & living space. Gross annual income is approx $40,200. Minutes to downtown, church, restaurants and only a 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: new sensors for furnaces to improve heating efficiency & costs, most apartments have been repainted, 2 new windows, porch recently painted.
Location
Province ON
County Kawartha Lakes
Area Kawartha Lakes
Zoning R3 - Duplex
Rooms
Kitchen 2
Interior
Heating Forced Air,Natural Gas
Cooling None
Laundry Shared
Exterior
Waterfront No
Roof Type Shingle
Building
Lot Description Urban,Rectangular,Hospital,Park,Schools
Foundation Unknown
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No