Cash-flow from day one with this fully turn-key duplex in a quiet, high-demand rental town, offering stable returns and long-term upside. The upper unit features two bedrooms plus a bonus room often used as an office or master (non-conforming), currently rented to excellent tenants for $1,400/month heat included --- well below the current market rate of $1,600+. The lower 2-bedroom unit is vacant and ready to rent for $1,600+ or convert to a high-income Airbnb. Both units have private entrances, in-unit laundry, and smart, functional layouts that appeal to quality tenants and short-term guests alike. Furniture and beds can be included in the sale, making this an easy turnkey setup for investors looking to capitalize on Airbnb demand. Located in a peaceful, desirable town with an A-grade tenant pool, this low-maintenance property is an excellent addition to any portfolio. Room for an accessory dwelling unit and prints can be included but you must do your own due diligence with the township to add even more value to the oversized quiet inside corner lot. Aylmer, in the center of the country, beaches, towns and cities - 20 mins to 401 / Tillsonburg / Port Stanley / Burwell Beaches, 30 mins to London, 15 mins to St Thomas & 10 mins to Port Bruce Beach. (id:4069)
Address
17 OAK STREET
List Price
$625,000
Property Type
Multi-family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
Aylmer
Bedrooms
4
Bathrooms
2
Floor Area
20,002,500 Sq. Ft.
Lot Size
66 x 132 FT Sq. Ft.
MLS® Number
X12110846
Listing Brokerage
JANZEN-TENK REALTY INC.
Basement Area
Partial (Unfinished)
Postal Code
N5H1G3
Zoning
R2
Site Influences
Place of Worship, Schools
Features
Ravine
