Living area
1032.36 Square Feet
MLS® 25536404
Property description
WOW! AN OPPORTUNITY YOU DON'T WANT TO MISS! Duplex offered at just 7.45 times gross revenue! An especially attractive opportunity for investors looking to acquire an income property at a highly competitive price! Located in Thurso, this property offers a great opportunity to grow your real estate portfolio and take advantage of the rental market's potential. Whether you're looking to purchase your first investment property or expand your existing portfolio, this duplex is definitely worth a closer look! Don't miss out!
Sold without legal warranty, at the risk and peril of the buyer
Details
Located near
Bicycle path, Daycare centre, Elementary school, High school, Highway, Park
Room dimension
| Room | Floor | Dimensions | Floor covering |
| Hall | 1st level/Ground floor | 7.4 X 8.5 ft / 2.24 X 2.57 m | Laminate floor |
| Living room | 1st level/Ground floor | 14.1 X 14.3 ft / 4.29 X 4.34 m | Laminate floor |
| Kitchen | 1st level/Ground floor | 14.4 X 20.3 ft / 4.37 X 6.17 m | Laminate floor |
| Bedroom | 1st level/Ground floor | 9.11 X 14.4 ft / 3.02 X 4.37 m | Laminate floor |
| Bedroom | 1st level/Ground floor | 9.11 X 14.4 ft / 3.02 X 4.37 m | Laminate floor |
| Bathroom | 1st level/Ground floor | 7.8 X 8.3 ft / 2.34 X 2.51 m | Flexible floor coverings |
| Powder room | Basement 1 | 3.11 X 9.8 ft / 1.19 X 2.95 m | Other |
| Laundry room | Basement 1 | 5 X 9.7 ft / 1.52 X 2.92 m | Flexible floor coverings |
| Family room | Basement 1 | 9.7 X 14.2 ft irr / 2.92 X 4.32 m irr | Other |
| Bedroom | Basement 1 | 9.2 X 13.10 ft / 2.79 X 4.22 m | Laminate floor |
| Bedroom | Basement 1 | 10.4 X 13.6 ft / 3.15 X 4.11 m | Tiles |
Taxes and expenses
| Municipal | $2,500 |
| School | $138 |
Building and interior of the property
| Bedrooms | 4 |
| Bathrooms | 1 |
| Washrooms | 1 |
| Number of rooms | 12 |
| Living area | 1032.36 Square Feet |
| Items included in the sale | furnace and hot water tank |
| Items excluded in the sale | personal belongings |
| Dimension of the front of the building | 9.17 metres |
| Dimension of the depth of building | 11.61 metres |
| Land area | 571.7 square metre |
| Year built | 1957 |
| Municipal assessment (land) | $57,700 |
| Municipal assessment (building) | $155,900 |
| Municipal assessment (total) | $213,600 |
| Assessment year | 2026 |
| Irregular building | Yes |
| Potential gross revenue | $33,540 |
| Available services | Electricity Connected, Sewer Connected, Water Connected |
| Basement | 6 feet and more, Finished basement, Outdoor entrance |
| Cupboard | Melamine, Wood |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Exterior cladding | Wood |
| Foundation | Concrete blocks |
| Heating energy | Electricity, Heating oil |
| Heating system | Electric baseboard units |
| Landscaping | Landscaped |
| Parking | Driveway |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Stucco |
| Topography | Flat |
| Water supply | Municipality |
| Window type | Casement, Sliding |
| Windows | PVC |
Addendum
| Welcome to 135 Alexandre Street! An opportunity you don't want to miss in Thurso! Offered at just $249,900, this duplex is an excellent opportunity for investors looking to acquire an income property at an attractive price.
The property features two functional units: the main unit offers 4 bedrooms and 1 bathroom, while the upper unit features 2 bedrooms and 1 bathroom. The property also boasts a private, fenced backyard. Conveniently located near Highway 50, it offers easy access for commuting.
With annual rental income of $33,540, the asking price represents less than 7.5 times the gross rental income, making this an attractive opportunity for investors looking to grow their real estate portfolio. Combined with excellent potential for optimization and appreciation, this property is well worth your attention!
Key Features:
- Duplex offered at $249,900
- 2 functional units
- Annual rental income of $33,540
- Asking price below 7.5 times gross rental income
- Renovated main unit
- Private, fenced backyard
- Conveniently located near Highway 50
- Excellent potential for optimization and increased value
For more information or to schedule a private showing, contact me at 819-968-0307. |