84 Durham St W

Your Rare Opportunity To Purchase A Side-By-Side Profitable Investment Property In Central Lindsay With A Gross Annual Income Of Approx. $47,340 (6.82 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 7 Sizable Bedrooms All With Windows, 3 Baths, 2 Kitchens And Shared Laundry In The Basement. Huge 33 X 173 Lot, Large Covered Porch, Private Driveway For 4 Car Parking, Basement Walk/Out, Second Floor Balcony, And A Massive Backyard With A Large Deck Off The Main Floor & Shed For Storage. Upper Unit - 5 Bedroom Unit With Kitchen. Lower Unit - 2 Bedroom Unit With Kitchen & Walk-Out To Back Deck. 2 Sets Of Coin-Operated Washers & Dryers With Seperate Entrance In The Basement. Room In Basement To Potentially Expand. Gross Annual Income Is Approx $47,340. Minutes To Downtown, Church, Restaurants And 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: Additional Bathroom & Shower In Upstairs Unit Added, Sensors For Furnace And Added Cold Air Returns To Improve Heating Efficiency And Costs, Most Apartments Have Been Repainted, Repairs To Porch & Repaint Of Porch.