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For Sale - 1512 BLACKHEATH Street, Orleans - Cumberland and Area, Ontario

1512 Blackheath Street

Orleans - Cumberland and Area , Ontario

4 2 $799,900

Est payment $3,841/mo

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Time on Jump 62 day

AI Summary *

Legal duplex with two spacious, self-contained units and separate entrances.
Upper unit features 2 bedrooms, in-unit laundry, and current rent of $2,416/month.
Lower unit also has 2 bedrooms, in-unit laundry, and current rent of $1,950/month.
Combined rental income of approximately $4,366/month for both units.
No rear neighbours, providing privacy and a desirable living setting.

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Down Payment:
$ 39,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Welcome to 1512 blackheath, a legal duplex offering an excellent investment opportunity with two spacious, self-contained units, separate entrances, and no rear neighbours. The upper unit a features 2 bedrooms, 1 full bathroom, in-unit laundry, a private separate entrance, and a functional, comfortable layout. Current rent is $2,416/month, utilities included. The lower unit b also offers 2 bedrooms, its own in-unit laundry and separate entrance, providing excellent privacy and convenience. Currently rented for $1,950/month, utilities included. The owner pays the utilities for both units. Combined scheduled gross rental income is approximately $4,366/month or $52,392 annually. With two fully independent units, separate laundry facilities, and a desirable setting with no rear neighbours, this legal duplex presents a great opportunity for investors or buyers looking for additional rental income. The anticipated vacancy of the upper unit also provides flexibility for a future owner to re-rent or occupy the unit, subject to applicable tenancy requirements.

Listing IDX13706542

Address1512 BLACKHEATH Street

CityOrleans - Cumberland and Area, Ontario

Price$799,900

Bed / Bath4 / 2 Full

StyleBungalow, Detached

ConstructionBrick, Aluminum Siding

TypeResidential

StatusFor Sale

Extras

Subtype DetachedIndoor Features Accessory Apartment, Auto Garage Door RemoteAmenities Public Transit, Park, Fenced YardOwnership FreeholdWaterfront NoneBasement Full, FinishedFoundation ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer

Market Info

Parking 7.00

Listing Brokerage: CENTURY 21 ACTION POWER TEAM LTD.

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Listing Brokerage: CENTURY 21 ACTION POWER TEAM LTD.

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For Sale - 1512 BLACKHEATH Street, Orleans - Cumberland and Area, Ontario

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