$699,900

Investment For Sale In Dunnville, Ontario

$699,900

Property Information:

DOUBLE IT UP IN DUNNVILLE!!! Opportunity knocks. Two dwellings, $350,000 per house, on one property in R2 zoning! First home fronting on Cedar St is a solid spacious 1,527sq ft, 3 bed home with 1 & a half bathes, separate dining room, enclosed sun porch, big kitchen, large living room & some original hardwood flooring, updates include; furnace, hydro & windows. Is currently occupied by month to month tenant @ $2,500 per month + bills. 2nd dwelling 2,109sq ft,(known as 713B Cedar St.) has long double driveway off of Cross St E alley way that features open concept main level, with super sized bedroom, second level loft has vaulted ceilings & currently looks like a Rec Room that could easily be divided into multiple rooms and all the items needed for a home including separate; plumbing, hydro, natural gas forced air furnace, CA. 713B tenant will have to be assumed @ $2,000 per month, + annual increase, + bills, on a 5yr lease. Shingles done in 2016. Buyer to verify all uses & condition. Great investment or future 2 family situation, this could be a great opportunity to get ahead and have your real estate investment pay for it self! Gross is $54,000 with tenants paying utilities. GREAT TOWN BESIDE THE GRAND RIVER, CLOSE TO THE LAKE, LOTS OF SCHOOLS, MATURE STREET LOCATION, NEWER; ARENA, SHOPPING COMPLEXES & OH SO FRIENDLY FOLK (pictures are before being occupied, no current pictures as per the tenants wishes). CHECK OUT INCOME BROCHURE LINK

Inclusions: Garage Door Opener,2 Fridges, 2 Stoves, Garage Door Opener

Exclusions : Tenants Belongings Including Washer, Dryer, Fridge

Building Features:

  • Floor Space: 3636 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: < 0.5
  • Basement: None
  • Built in: 1910
  • Construction Materials: Aluminum Siding, Metal/Steel Siding, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Lane/Alley Parking
  • Exterior Features: Private Entrance, Separate Hydro Meters
  • Floor Space (approx): 3636 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Auto Garage Door Remote(s)
  • Laundry Features: In-Suite
  • Lot Depth: 182.06 Feet
  • Lot Features: Rectangular, Paved, Ample Parking, City Lot, Hospital, Library, Marina, Park, Place of Worship, Playground Nearby, Quiet Area, Rec./Community Centre, Schools, Shopping Nearby
  • Lot Frontage: 49.18 Feet
  • Other Structures: Shed(s)
  • Parking Features: Garage Door Opener, Asphalt
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Water Treatment:
  • Waterfront Features:
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 2

Courtesy of: Coldwell Banker Flatt Realty Inc.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.