110 Chambers Street,Smiths Falls, ON K7A2Z1
Smiths Falls, ON K7A2Z1
Description
TURNKEY INCOME OPPORTUNITY Duplex with $3,200/MONTH in current rental income! Welcome to 110 Chambers Street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the Market Street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is." (id:13843)
Details
| MLS # | X13827710 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 27 |
| Listing Provided By | EXP REALTY | Tarek El Attar |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Radiant heat, Natural gas |
| Appliances | Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Stone |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 3 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4062 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Smiths Falls |
| Postal Code | K7A2Z1 |
| Listing VS Median (in K7A2Z1) | |
Price: $579,999 low | high Med: $579,999 sqft: 2,000 low | high Med: 2,000 $ / sqft: $290 low | high Med: $290 On site: 27 low | high Med: 27 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Smiths Falls |
| Postal Code | K7A2Z1 |
| Listing VS Median (in K7A2Z1) | |
Price: $579,999 low | high Med: $579,999 sqft: 2,000 low | high Med: 2,000 $ / sqft: $290 low | high Med: $290 On site: 27 low | high Med: 27 | |
