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:57519)
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:57519)
Listed by Century 21 First Canadian Corp
The content on this website is owned or controlled by CREA and is protected
by copyright and other laws. It is intended
solely for the private, non-commercial use by individuals. Any other reproduction,
distribution or use of the content, in whole or in part, is specifically prohibited.
Prohibited uses include commercial use, “screen scraping”, “database scraping”, and
any other activity intended to collect, store, reorganize or manipulate the content of
this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned
by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate
Association (CREA). These certification marks identify real estate professionals who are
members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR®
Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the
professional real estate services provided by members of CREA.
The information contained on this website is based on information
that is provided by members of CREA, who are responsible for its accuracy, through the DATA DISTRIBUTION FACILITY (DDF®) feed. CREA
reproduces and distributes this information as a service for its members, and assumes
no responsibility for its completeness or accuracy.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial
purpose or any other purpose. All information on LondonHomePrices.ca is presented by realtor Andres Usma from Blue Forest Realty Inc., Brokerage in London, Ontario.
LINKS
BLUE FOREST REALTY INC.
Independently Owned & Operated
931 Oxford St. E. London, ON