2238 PITT STREET

$589,900

Duplex
$589,900
5 Bedrooms
2 Bathrooms
4 Parking Spaces

Attention Investors and First-Time Homebuyers! Are you looking for a multifamily home with positive cash flow investment or a property that can help with your mortgage payments? This rare duplex, built in 1997 and in mint condition, is the perfect opportunity. With all the latest upgrades, it is in a desirable neighborhood within walking distance to schools and all essential amenities. The property features two well-maintained units with separate living spaces. Unit 1, located on the main floor, offers approx. 1,330 sq. ft. of living space, including 3 bedrooms and 1 bathroom. It also provides access to the basement with washer and dryer hookups. Currently rented at $2,000 per month, this unit offers immediate income for investors. Unit 2, located on the second floor, spans approx. 1,149 sq. ft. and includes 2 bedrooms, 1 bathroom, and separate washer and dryer hookups. In addition to these two units, the property includes a massive 1,364 sq. ft. (approx.) unfinished basement with a separate entrance, ready for renovation to increase cash flow. Both units have separate hot water tanks, energy meters, and washer/dryer hookups, ensuring convenience and privacy for tenants. The property sits on a large lot, with ample space for parking up to 5 cars and a generous backyard that is perfect for children to play and families to enjoy quality time outdoors. Recent upgrades include new shingles installed in 2019, new flooring (’24), and new energy-efficient windows and garden doors (’24) in the upstairs unit. Both units have also been fitted with newer appliances (2022 & 2023), energy-efficient gas furnaces (2024), and hot water tanks (2020). Tenant will vacate the property prior to the closing date, ensuring vacant possession for the new owner. Additionally, this property is equipped with a Tesla charging station, catering to environmentally-conscious tenants and those with electric vehicles. Don’t miss out on this incredible opportunity schedule a showing today! (id:13118)

Essential Information

Listing #
X11424974
Price:
$589,900 
Year Built:
-
Total Bedrooms:
5
Total Bathrooms:
2
Half Baths:
-
Property Type:
Single Family
Basement:
N/A (Unfinished)
Transaction:
For sale

Property Specifications

Parking Spaces:
4
Maintenance Fees:
 
Heating:
Forced air
Cooling:
Wall unit
Fireplace Type:
-

Listing Details

Last Updated:
2024, 16 Dec 
Listing Office:
ROYAL LEPAGE TEAM REALTY
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