$549,900

279 Charlotte Street

Port Stanley ON, N5L 1A8

Description

Attention investors. Turn key investment property in the quaint village and beach town of Port Stanley. Walking distance to restaurants, shopping, marina and little beach. This up/down duplex features two, 2 bedroom, 1 bath units with separate hydro, water & gas. Updates include roof shingles (2013), hot water tanks (2017). Furnace & A/C (2017). Large L shaped lot with plenty of parking. Each unit has its own outdoor space between the lawn, patio and decks. Shared laundry accessible by both units in the basement. As a short term rental (AIRBNB) a single unit brought in roughly $5000/month from May-September during peak season and could potentially rent for 1200/month from October-March in the off season for a combined annual gross income of $66,800.00. You cannot afford not to buy this place. Looking to move in yourself? Live in one unit and rent out the other to offset your mortgage. Book your showing today!

Details

MLS#40031992
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1860
Days On Site20

Features

Units2
Building(s)1
Loading Form
Loading Form
Area Information
ProvinceON
CountyElgin
CityPort Stanley
Postal CodeN5L 1A8
AreaCentral Elgin
Listing VS Median (in N5L 1A8)
Price:
$549,900
low | high
Med:
$549,900
50% of Average
On Site:
20
low | high
Med:
20
100% of Average
Listing Updated: 10/28/2020
DALLAS POSTHUMUS LogoMLS Number: 40031992
Listing Provided By:
DALLAS POSTHUMUS  of  RE MAX CENTRE CITY REALTY INC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.