Excellent opportunity to get into the real estate market here at 27 Cayuga St. N, Cayuga. Real Estate Investors wanting to purchase a turn-key, fully occupied legal duplex generating $60,600 gross annual income - today is your lucky day! Includes an extensively recently renovated, from bottom to top, 2 storey building positioned proudly on 0.18 acre lot in the heart of downtown Cayuga - no car required for tenants, as all amenities this popular Grand River offers, are within walking distance - incs shops, eateries, Post Office, river parks, schools & churches. UNIT #1 - Main Floor apartment ftrs 9ft ceilings highlighted w/open concept living area & stylish white kitchen cabinetry sporting designer island, quartz countertops & SS appliances incs built-in dishwasher, primary bedroom enjoying 3pc en-suite, 4pc principal bath, 2 additional bedrooms, laundry facilities & patio door walk-out to rear deck & yard. UNIT #2 - 2nd Floor apartment enjoys side door entrance w/private enclosed staircase accessing open concept living area & modern white kitchen augmented w/SS appliances incs built-in dishwasher & quartz countertops, 3 large bedrooms, 4pc main bath & separate laundry station. Extras - new since 2023 - low maintenance vinyl flooring thru-out, n/g furnace/AC, windows, 100 amp electrical/plumbing/insulation/drywall & LED lighting - plus double paved driveway & quaint wrap around front/side porch. Buyer agrees to accept the current Tenants upon completion of this transaction. Cap Rate of "7" (approx). Relaxing 30/40 min commute to Hamilton, Brantford & Hwy 403 - 90/120 mins to GTA. Rare Maintenance Free Duplex Package! (id:13843)
| MLS # | 40831056 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1900 |
| Days On Site | 161 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Peter R. Hogeterp |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,852 |
| Garage | 3 |
| Story(s) | 2 |
| Zoning | CG |
| Acreage | 0.18 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Radiant heat, Natural gas |
| Appliances | Window Coverings |
| Fireplace Yes / No | No |
| Lot Features | Paved driveway |
|---|
| Parking Features | Attached Garage |
|---|---|
| Parking Total | 3 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 2719 |
|---|
| Province | ON |
|---|---|
| City | Cayuga |
| Postal Code | N0A1E0 |
| Community Name | 620 Cayuga |
| Listing VS Median (in 620 Cayuga) | |
Price: $649,900 low | high Med: $479,000 sqft: 1,852 low | high Med: 1,031 $ / sqft: $351 low | high Med: $465 On site: 161 low | high Med: 6 | |
| Province | ON |
|---|---|
| City | Cayuga |
| Postal Code | N0A1E0 |
| Community Name | 620 Cayuga |
| Listing VS Median (in 620 Cayuga) | |
Price: $649,900 low | high Med: $479,000 sqft: 1,852 low | high Med: 1,031 $ / sqft: $351 low | high Med: $465 On site: 161 low | high Med: 6 | |