715 Gerard Street Alfred And Plantagenet, Ontario K0B 1L0
$569,999
INVESTMENT OPPORTUNITY | LEGAL DUPLEX | ~5.0% CAP RATE | CASH FLOW POSITIVE. Welcome to 715 Gerard Street - a legal, income-producing duplex in the heart of Alfred and Plantagenet, offering the rare combination of strong cash flow, a built-in mortgage helper, and flexibility for both investors and future owner-occupants.This turnkey property features two self-contained units. The upper unit will be delivered vacant at closing, with an established market rent of $2,000/month - giving a buyer the choice to rent it out immediately or move in themselves and let the lower unit carry a significant share of the mortgage. The lower unit is home to an excellent, long-standing tenant paying $1,500/month, who is happy to stay on. With both tenants responsible for their own utilities (other than water) and estimated operating expenses of approximately $1,200/month, this property delivers an impressive cap rate of approximately 5.0% and positive cash flow from day one - a rare find in today's market. For the investor, it's a fully tenanted (or nearly so) income property with room to grow. For the owner-occupant, it's a mortgage buster: live upstairs, rent the lower unit, and enjoy monthly housing costs far below what you'd pay renting a comparable home outright. Upper Unit: 3 bedrooms, 1 bathroom, large eat-in kitchen, spacious living room, and a private yard. Lower Unit: 2 bedrooms, 1 bathroom, large kitchen, spacious living room, and its own private yard. Set on an oversized 94' x 94.62' lot with a carport, the property is centrally located in Alfred and Plantagenet, close to all local amenities, just 20 minutes to Rockland, and 45 minutes to Ottawa.Recent updates include: new roof (2021), new furnace and hot water tank, new flooring (2013), and new windows throughout (excluding the bay window and patio doors). (id:44758)
房源概要
| MLS® Number | X13830206 |
| 房源类型 | 民宅 |
| 社区名字 | 608 - Plantagenet |
| 总车位 | 4 |
详 情
| 浴室 | 2 |
| 地上卧房 | 5 |
| 总卧房 | 5 |
| 赠送家电包括 | 洗碗机, 烘干机, Two 炉子s, Two 洗衣机s, Two 冰箱s |
| 建筑风格 | 平房 |
| 地下室功能 | Separate Entrance, Apartment In Basement |
| 地下室类型 | N/a, N/a |
| 施工种类 | 独立屋 |
| 空调 | 没有 |
| 外墙 | 砖, 石 |
| 地基类型 | 水泥 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| 储存空间 | 1 |
| 内部尺寸 | 1100 - 1500 Sqft |
| 类型 | 独立屋 |
| 设备间 | 市政供水 |
车 位
| Carport | |
| 没有车库 |
土地
| 英亩数 | 无 |
| 污水道 | Sanitary Sewer |
| 土地深度 | 94 Ft ,7 In |
| 土地宽度 | 94 Ft |
| 不规则大小 | 94 X 94.6 Ft |
https://www.realtor.ca/real-estate/30329735/715-gerard-street-alfred-and-plantagenet-608-plantagenet
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Ottawa Real Estate Board
Right At Home Realty
September 25 2026 07:53:01
