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$534,900
Status: For Sale
Fantastic investment opportunity in downtown Huntsville! This legal duplex offers 2 clean and well kept 1 bedroom apartments with separate hydro meters. Both units will be rented at current market rents. Currently the upper level rents for $1700 plus hydro and the lower level for $1650 plus hydro. Low maintenance vinyl siding, walking distance to Avery beach, Hunters Bay Trail, and downtown Huntsville. The duplex backs directly onto Irene street park and playground for added privacy and is set on a dead end road in a quiet neighbourhood. Both apartments have larger windows with sunlit interiors and their own washer/ dryer units. The upper apartment has a walkout to a private deck with views of surrounding trees. The current R3 zoning and how the building is set on the lot allows for further potential development or additions. In 2019 the duplex was fire retrofitted, a new hot water tank was added and the breaker panels were replaced and updated. So much income earning potential with fantastic tenants and very low maintenance costs! Total rental revenue per year $40,200.
| Property Type | :Residential |
|---|---|
| MLS Number | :40640047 |
| Listing Type | :Sale |
| Property Age | :Unknown years |
| Possession Date | : |
| Last Updated | :28 Oct, 2024 (7 Days ago) |
| Source | :The Lakelands |
| Area | :Muskoka |
|---|---|
| City | :Huntsville |
| Area Major | :Huntsville |
| Area Minor | :Huntsville |
| Postal Code | :
P1H 1W2
|
| Directions | :Main St. West to Tait St. Right onto Irene St. Left onto Walter St. Right onto West Elliott |
| Price | : $534,900 |
|---|---|
| Property Taxes | :$2353 |
| Tax Year | :2023 |
|---|
| Bedrooms | :2 + |
|---|---|
| No. of Rooms | :9 |
| Heating | :Baseboard |
| Place of Worship | :No |
| Bathrooms | :2 |
|---|---|
| Approx Square Footage | :1166 sqft |
| Dining Room | :3.61 m x 1.80 m |
|---|---|
| Bedroom | :3.76 m x 2.46 m |
| Living Room/Dining Room | :3.61 m x 2.51 m |
| Kitchen | :3.63 m x 2.13 m |
| Living Room/Dining Room | :4.62 m x 3.71 m |
| Bathroom | :2.41 m x 1.63 m |
|---|---|
| Bedroom | :3.68 m x 2.62 m |
| Bathroom | :2.41 m x 1.65 m |
| Kitchen | :3.63 m x 1.80 m |
| Parking Space | :4 |
|---|---|
| Basement | :Walk-Up Access |
| Park | :Park |
|---|
07 Oct, 2024
TREB #40640047
Price Change
$534900
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$534,900
36 West Elliott Street, Muskoka, ON
Listing ID #40640047
Price drop by $15,000
Price drop by $15,000