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32 St George Street Kawartha Lakes (Lindsay), Ontario K9V 1W5

4 Bedroom 2 Bathroom 700 - 1100 sqft
Raised Bungalow Window Air Conditioner Forced Air

$564,900

Attention investors! Here's an excellent opportunity to add a fully occupied income property to your portfolio. This solid brick semi-detached home features two self-contained 2-bedroom units and offers an attractive cap rate of about 7%, making it a compelling investment in today's market.The upper unit features a bright and comfortable layout with sliding doors leading to a private deck overlooking the fenced backyard, while the lower unit offers a cozy and functional living space that tenants are proud to call home. Both units are well maintained, heated with natural gas, and currently occupied by established tenants, providing immediate rental income. Situated in a quiet location close to the waterfront, parks, and local amenities, this property offers the lifestyle and convenience tenants are seeking. Ample on-site parking further enhances its appeal. Current rental income totals $3,850 per month, with the upper unit generating $2,000/month and the lower unit generating $1,850/month. Whether you're a seasoned investor or looking to acquire your first income property, this turnkey opportunity offers stable cash flow and long-term potential in a desirable location. (id:56087)

Property Details

MLS® Number X13526098
Property Type Single Family
Community Name Lindsay
Amenities Near By Park
Community Features Community Centre
Equipment Type Water Heater
Features Cul-de-sac, Dry, Carpet Free
Parking Space Total 4
Rental Equipment Type Water Heater
Structure Shed

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Age 31 To 50 Years
Appliances Water Heater, Water Meter, Dryer, Two Stoves, Two Washers, Two Refrigerators
Architectural Style Raised Bungalow
Basement Features Separate Entrance, Apartment In Basement
Basement Type N/a, N/a
Construction Style Attachment Semi-detached
Cooling Type Window Air Conditioner
Exterior Finish Brick, Aluminum Siding
Fire Protection Controlled Entry
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1100 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage
No Garage

Land

Acreage No
Land Amenities Park
Sewer Sanitary Sewer
Size Depth 96 Ft ,9 In
Size Frontage 31 Ft
Size Irregular 31 X 96.8 Ft
Size Total Text 31 X 96.8 Ft|1/2 - 1.99 Acres
Zoning Description Res 3

Rooms

Level Type Dimensions
Lower Level Living Room 6.4 m x 2.77 m
Lower Level Laundry Room 2.86 m x 2.99 m
Lower Level Bedroom 3.26 m x 3.87 m
Lower Level Bedroom 2.9 m x 3.96 m
Upper Level Living Room 5.09 m x 3.69 m
Upper Level Bedroom 3.84 m x 2.38 m
Upper Level Bedroom 3.26 m x 4.3 m
Upper Level Kitchen 6.34 m x 2.68 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29992836/32-st-george-street-kawartha-lakes-lindsay-lindsay