82 Durham St W

Your Rare Opportunity To Purchase A Side-By-Side Profitable Investment Property In Central Lindsay, With Gross Annual Income Of Approx. $40,200 (6.02 Cap Rate). This Large Semi-Detached Brick Home Is Over 1800 Square Ft Above Grade, With 2 Separate Units Currently Tenanted By Students On Term Leases By Room. This Home Features 5 Sizable Bedrooms All With Windows, 2 Kitchens And 2 Large Shared Living Spaces Above Grade. Huge 36 X 173 Lot, Large Covered Porch, Private Driveway For 4 Car Parking, And A Massive Backyard With A Large Deck Off The Main Floor & Shed For Storage. There's Even A Second Floor Balcony! Upper Unit - 2 Bedroom Unit With Kitchen And Wonderful 3Rd Storey Loft Living Space. Lower Unit - 3 Bedroom Unit With Kitchen & Living Space. Gross Annual Income Is Approx $40,200. Minutes To Downtown, Church, Restaurants And Only A 10 Minute Walk To Fleming College Where The Students Attend. One Of The Oldest And Best-Ranked Colleges For Applied Arts & Technology In Canada, There Is Tons Of Demand For Student Housing Near The College With Consistently Filled Rooms. Upgrades Include: New Sensors For Furnaces To Improve Heating Efficiency & Costs, Most Apartments Have Been Repainted, 2 New Windows, Porch Recently Painted.