OFF MARKET!!! 2 Lots for $99k! Cheapest Duplex Ever Plus Bonus Lot. Beats the 1% Rule.

Who's looking for a profitable property?

View of the bay from 2nd floor! 1 minute walk to Ottawa River. Boat access only 2 minutes away. Where else can you get a duplex plus vacant neighbouring lot for only $99k?

How can you profit?
1) Rent It Out. Continue to rent to existing tenants. Collect $1300/month on a $99k property…beats the 1% rule!
2) Build something new on the lot next door. Both lots included in the list price.
3) Move Into One Unit. Serve an N12 to one of the tenants and live almost-free with the income from the second unit. City pays water!

SUMMARY:
- LOCATION: Campbell's Bay, Quebec (Rue Front & Rue Leslie)
- PURCHASE PRICE: $99,900 Or Best Offer
- CLOSING: March 27, 2024 (This is an assignment sale.)
- TYPE: Duplex
- MAIN FLOOR UNIT: 1 Bed/1 Bath/Laundry
- SECOND FLOOR UNIT: 2 Beds/1 Bath
- PARKING: 4 Driveway Spaces, 1 Detached Garage Space
- BASEMENT: Unfinished
- SQFT: 1562
- LOT: 60’ x 120’ (2 lots)
- AGE: 1948
- PROPERTY TAX: $3922
- POSSESSION: Buyer to assume tenants in both units ($650/month each unit)

RENOVATIONS NEEDED:
- Cosmetic renos as desired as tenants turnover.
- Some junk and furniture removal.
- Please view the pictures for ideas on what you'd like to renovate.

GOOD NEWS:
- It’s super cheap!
- City pays water
- New electric furnace in 2022
- Painted in last 2 years

MORE PICTURES and our contact info are here: https://www.housedealsgta.ca/property/investment-real-estate-campbells-bay-quebec/

$ 99900 In stock 2024-06-03 https://ohmy.ca/renfrew-county/real-estate/condos-for-sale/2-lots-for-99k-cheapest-duplex-ever-plus-bonus-lot_1675521.html

5/ 5customer reviews