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21929 Main ST North Glengarry, ON K0B 1H0
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Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 721 - North Glengarry (Lochiel) Twp
MLS Listing ID X11931523
Style 2-Storey
Bedrooms 5
Building Age 100+
Annual Tax Amount $1,888
Tax Year 2024
Property Sub-Type Duplex
Property Description
Excellent Investment Opportunity! This well-maintained duplex in Glen Robertson is currently vacant and ready for occupancy whether by tenants or an owner-occupant. The spacious main unit features 3 bedrooms, 2 bathrooms, a bright, well-appointed kitchen adjacent to the dining area, and a generous living room. The second unit offers 2 bedrooms, a 3-piece bathroom, a comfortable living room, and an eat-in kitchen. Previously rented at $1,100, the second unit provides solid income potential, while the main unit could generate $1,500 per month. Both units have separate Hydro and Gas meters, allowing tenants to cover their own utilities. Each unit is equipped with its own natural gas furnace (2012) and a new hot water tanks (2024). With a potential gross income of $31,200 per year and an estimated net income of $25,100, this property offers a solid 8.1% cap rate.
Location
Province ON
County Stormont, Dundas And Glengarry
Community 721 - North Glengarry (Lochiel) Twp
Area Stormont, Dundas And Glengarry
Zoning Residential
Rooms
Family Room No
Kitchen 2
Interior
Cooling None
Exterior
Exterior Feature Deck, Landscaped
Parking Features Available
Garage Spaces 1.0
Pool None
View Clear
Roof Type Metal
Building
Foundation Concrete, Stone
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