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$ 679,900
Est. payment /mo
New
103-105 MAIN STREET South Huron (exeter), ON N0M1S2
4 Beds
1 Bath
2,173 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,173 sqft
Price per Sqft $312
Subdivision Exeter
MLS® Listing ID X12095608
Bedrooms 4
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Incredible Investment or Live-In Opportunity!Dont miss this rare chance to own an extensively updated, purpose-built solid brick DUPLEX in the heart of Exeter, Ontario, a growing community just 20 minutes to Grand Bend and 30 minutes to London. Ideally located on Main Street, this property offers excellent exposure, multiple income streams, and flexibility for residential or potential commercial use.Set on a 52x130 ft lot, this well-maintained property features two spacious 2-bedroom units, each with private front and rear entrances, in-suite laundry, and thoughtfully updated interiors. Recent renovations include all new windows, updated soffit/fascia, a fire alarm system upgraded to meet fire and sound separation codes, and modern vinyl plank flooring. Both units offer renovated bathrooms, updated baseboard heaters, and energy-efficient ductless mini-split systems for heating and cooling. Additional updates include attic insulation, professional maintenance free landscaping, an expansive concrete patio, and a 10x20 storage shed with a split interior, great for tenant storage or owner use. The interlock brick driveway accommodates up to 5 vehicles with ease.All appliances are owned and included, making this a true turnkey property. The lower unit is currently rented at $1,630/month to a long-term, reliable tenant. The upper unit is vacant, offering an ideal opportunity for owner occupancy or a market rent of $2,100/month. Theres also potential for additional rental income by taking advantage the property's high-traffic location and the custom stone yard sign.With the potential for great Cap Rate, this is an ideal investment for savvy buyers looking to grow their portfolio, generate steady rental income, or offset their mortgage while living in one unit. Whether you choose to live in one and rent the other, rent both, or explore a commercial use - this property offers outstanding value and versatility Floor Plans, Full List of Upgrades & Operating Expenses Available. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Others
Virtual Tour https://youtu.be/iLMx52RXrRs
Listed by CENTURY 21 FIRST CANADIAN CORP