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    For Sale - 110 Chambers Street, Smiths Falls, Ontario

    Est payment $2,785/mo
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    Views   1
    Time on Jump  29 day

    AI Summary *

    • Turnkey duplex generating $3,200/month in rental income.
    • Recent major improvements ensure peace of mind and reduced maintenance.
    • Separate utilities make it easier for tenants to manage costs.
    • Ample parking available with multiple spaces for each unit.
    • Established tenants provide immediate cash flow with no vacancy risk.




    Turnkey income opportunity duplex with $3,200/month in current rental income! Welcome to 110 chambers street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the market street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is."
    Listing IDX13827710
    Address110 Chambers Street
    CitySmiths Falls, Ontario
    Price$579,999
    Bed / Bath4 / 2 Full
    Style2-Storey, Duplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features NoneOwnership FreeholdBasement Full, UnfinishedFoundation StoneHeating / Cooling RadiantHeating Fuel GasSewer Sewer

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    Listing Brokerage: EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    110 Chambers Street
    Smiths Falls , Ontario
    4 2 $579,999
    Get more info