Champlain, ON K6A 0C4,1050 GREENLANE RD

$345,000

Est. payment /mo

$349,000

1.1%
Est.Price: ?

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1050 GREENLANE RD Champlain, ON K6A 0C4

SOLD DATE : 05/01/2024

Key Details

Sold Price $345,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision 614 - Champlain Twp

MLS Listing ID X9433606

Sold Date 05/01/24

Annual Tax Amount $2,108

Tax Year 2022

Property Sub-Type Duplex

Property Description

Flooring: Cushion, Unlock an exceptional investment opportunity with this meticulously maintained duplex. The 1-bedroom unit, vacant as of April 1st, was rented for $799/month (inclusive of heat and hydro), yet current market rates exceed $1000 monthly. The vacant 3-bedroom unit boasts potential earnings over $1400/month. What distinguishes this property is its additional income streams: the detached garage, capable of yielding $1000/month or more, and the expanses of rentable land. Ideal for storage, workspace, or as a warehouse, the garage presents a versatile asset for any enterprise. Recent upgrades including a new furnace, sump pump, rear deck, and metal roof ensure modern functionality, with a brand-new electric hot water tank awaiting installation. Separate electric meters streamline utility cost allocation for each unit and the garage. Seize this outstanding investment opportunity now to secure your financial future. Don't delay; schedule a viewing today and capitalize on this lucrative duplex!, Flooring: Laminate

Location

Province ON

County Prescott And Russell

Community 614 - Champlain Twp

Area Prescott And Russell

Zoning Residential

Rooms

Basement Crawl Space, Unfinished

Interior

Interior Features Water Heater Owned

Cooling None

Exterior

Garage Spaces 2.0

Roof Type Metal

Lot Frontage 358.91

Lot Depth 112.12

Total Parking Spaces 10

Building

Foundation Stone

Others

ParcelsYN No

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Listed by ROYAL LEPAGE PERFORMANCE REALTY
Derek Brinkley

Derek Brinkley

Advisor

+1(905) 751-8373

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