84 Durham Street W, Lindsay
- Bedrooms: 7
- Bathrooms: 3
- Living area: 2431 square feet
- Type: Residential
- Added: 41 days ago
- Updated: 7 days ago
- Last Checked: 8 hours ago
Your rare opportunity to purchase a side-by-side profitable investment property in Central Lindsay with a Gross annual income of approx. $47,340 (6.82 Cap Rate). This Large semi-detached brick home is over 1800 sq ft above grade, with 2 separate units currently tenanted by students on term leases by room. This home features 7 sizable bedrooms all with windows, 3 baths, 2 kitchens and shared laundry in the basement. Huge 33 x 173 lot, large covered porch, private driveway for 4 car parking, basement walk/out, second floor balcony, and a massive backyard with a large deck off the main floor & shed for storage. Upper unit - 5 bedroom unit with kitchen. Lower unit - 2 bedroom unit with kitchen & w/o to back deck. 2 sets of Coin-operated washers & dryers with seperate entrance in the basement. Room in basement to potentially expand. Gross annual income is approx $47,340. Minutes to downtown, church, restaurants and 10 minute walk to Fleming College where the students attend. One of the oldest and best-ranked colleges for applied arts & technology in Canada, there is tons of demand for student housing near the college with consistently filled rooms. Upgrades include: Additional bathroom & shower in upstairs unit added, Sensors for furnace and added cold air returns to improve heating efficiency and costs, most apartments have been repainted, repairs to porch & repaint of porch. (id:1945)
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Property DetailsKey information about 84 Durham Street W
- Cooling: None
- Heating: Forced air, Natural gas
- Stories: 2.5
- Structure Type: House
- Exterior Features: Brick
- Foundation Details: Unknown
Interior FeaturesDiscover the interior design and amenities
- Basement: Finished, Full
- Living Area: 2431
- Bedrooms Total: 7
- Above Grade Finished Area: 1813
- Below Grade Finished Area: 618
- Above Grade Finished Area Units: square feet
- Below Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Listing Brokerage
- Below Grade Finished Area Source: Listing Brokerage
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 84 Durham Street W
- View: City view
- Water Source: Municipal water
- Lot Size Units: acres
- Parking Total: 4
- Lot Size Dimensions: 0.134
Location & CommunityUnderstand the neighborhood and community
- Directions: North on Lindsay St S, West on Durham St W.
- Common Interest: Freehold
- Street Dir Suffix: West
- Subdivision Name: Lindsay (Town)
Utilities & SystemsReview utilities and system installations
- Sewer: Municipal sewage system
Tax & Legal InformationGet tax and legal details applicable to 84 Durham Street W
- Tax Annual Amount: 2250.42
- Zoning Description: R3 - Duplex
Room Dimensions
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