Ottawa Realtor Michele Xu

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390-394 HYDE STREET

Prescott, Ontario K0E1T0

$475,000 for sale

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MLS®:
X13770498
Contract Days:
3
Community:
Ownership:
Freehold
Property Type:
Residential (R3) House , Semi-detached
Total Size:
45 x 100 FT
Built Date:
Parking:
4
Bedrooms:
5+
Bathrooms:
3
Interior Features
Construction Style:
Semi-detached
Total Stories:
2
Total Bedrooms:
5
Bedrooms Above Ground:
5
Bedrooms Below Ground:
Total Bathrooms:
3
Whole Bathrooms:
2
Half Bathrooms:
1
Basement Type:
N/A (Unfinished)
Basement Development:
Unfinished
Appliances:
Water Heater, Dishwasher
Exterior Features
Built Date:
Exterior Finish:
Aluminum siding
Foundation Type:
Stone
Utitilies
Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
Central air conditioning
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size
Kitchen
Main level
3.96 m x 3.26 m
Living room
Main level
3.5 m x 4.66 m
Other
Main level
2.21 m x 2.15 m
Foyer
Main level
2.15 m x 2.26 m
Living room
Main level
3.47 m x 4.63 m
Other
Main level
2.27 m x 4.62 m
Dining room
Main level
3.39 m x 4.66 m
Kitchen
Main level
4.12 m x 5.04 m
Bathroom
Main level
3.29 m x 2.38 m
Dining room
Main level
3.5 m x 4.63 m
Bedroom
Second level
3.75 m x 2.48 m
Bedroom
Second level
3.92 m x 3.26 m
Bathroom
Second level
2.45 m x 2.05 m
Primary Bedroom
Second level
3.23 m x 3.69 m
Bathroom
Second level
2.37 m x 2.07 m
Other
Second level
1.74 m x 0.83 m
Bedroom
Second level
3.2 m x 3.73 m
Office
Second level
3.69 m x 2.49 m
Primary Bedroom
Second level
4.04 m x 3.31 m

Note

Two units. Zero tenants. One seriously interesting opportunity. Welcome to 390-394 Hyde Street, a VACANT, well-maintained duplex that gives its next owner something investors love: options. Choose your own tenants, set your own rents, live in one and let the other help pay the bills, or add both doors to your investment portfolio. 390 offers 2 bedrooms PLUS an office/den, 2 bathrooms, a formal dining room, living room, kitchen and two porches. 394 brings another 3 bedrooms, 1 bathroom, dining room, living room and kitchen. That's five bedrooms, three bathrooms and plenty of space between the two units. Sitting proudly on a corner lot, there's another surprise out back: a detached DOUBLE-CAR GARAGE with a loft. Storage, toys, workshop space... you decide. Now, let's talk numbers. At projected rents of $1,500/month per unit, you're looking at $36,000 in potential gross annual rent. Using a 5% vacancy allowance, 5% maintenance/repair allowance, 2026 taxes of $2,993.18 and insurance of $2,752.67, estimated NOI is approximately $26,654 - translating to a projected 5.61% cap rate at the $475,000 asking price. Plus, each unit has separate hydro and gas meters.Vacant duplex. Double garage. Five bedrooms between the units. 390-394 Hyde Street might just make your calculator - and your portfolio - very happy. Rental income, expenses, NOI and cap rate are projections only. Buyers to complete their own due diligence. (id:19004)

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