For Sale - 390-394 Hyde Street, Prescott, Ontario

Est payment $2,281/mo
Views   2
Time on Jump  17 day
  • Vacant duplex with two units offers great rental potential for investors.
  • First unit features 2 bedrooms, office, and 2 bathrooms for comfortable living.
  • Second unit includes 3 bedrooms and 1 bathroom, perfect for larger families.
  • Detached double-car garage provides extra storage or workshop space.
  • Projected gross annual rent of $36,000 creates strong investment opportunities.



Two units. Zero tenants. One seriously interesting opportunity. Welcome to 390-394 hyde street, a vacant, well-maintained duplex that gives its next owner something investors love: options. Choose your own tenants, set your own rents, live in one and let the other help pay the bills, or add both doors to your investment portfolio. 390 offers 2 bedrooms plus an office/den, 2 bathrooms, a formal dining room, living room, kitchen and two porches. 394 brings another 3 bedrooms, 1 bathroom, dining room, living room and kitchen. That's five bedrooms, three bathrooms and plenty of space between the two units. Sitting proudly on a corner lot, there's another surprise out back: a detached double-car garage with a loft. Storage, toys, workshop space... You decide. Now, let's talk numbers. At projected rents of $1,500/month per unit, you're looking at $36,000 in potential gross annual rent. Using a 5% vacancy allowance, 5% maintenance/repair allowance, 2026 taxes of $2,993. 18 and insurance of $2,752. 67, estimated noi is approximately $26,654 - translating to a projected 5. 61% cap rate at the $475,000 asking price. Plus, each unit has separate hydro and gas meters. Vacant duplex. Double garage. Five bedrooms between the units. 390-394 hyde street might just make your calculator - and your portfolio - very happy. Rental income, expenses, noi and cap rate are projections only. Buyers to complete their own due diligence.
Listing IDX13770498
Address390-394 Hyde Street
CityPrescott, Ontario
Price$475,000
Bed / Bath5 / 3 Full
Style2-Storey, Semi-Detached
ConstructionAluminum Siding
TypeResidential
StatusFor Sale
Subtype Semi-Detached Indoor Features Separate Heating Controls, Separate Hydro Meter, Water Heater OwnedAmenities Park, Place Of Worship, Rec./Commun.Centre, Golf, LibraryOwnership FreeholdViews CityWaterfront NoneBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Brokerage: REMAX BOARDWALK REALTY

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390-394 Hyde Street
Prescott , Ontario
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