713 Cedar Street Dunnville, Ontario N1A 2J9

$699,900

DOUBLE IT UP IN DUNNVILLE!!! Opportunity knocks. Two dwellings, $350,000 per house, on one property in R2 zoning! First home fronting on Cedar St is a solid spacious 1,527sq ft, 3 bed home with 1 & a half bathes, separate dining room, enclosed sun porch, big kitchen, large living room & some original hardwood flooring, updates include; furnace, hydro & windows. Is currently occupied by month to month tenant @ $2,500 per month + bills. 2nd dwelling 2,109sq ft,(known as 713B Cedar St.) has long double driveway off of Cross St E alley way that features open concept main level, with super sized bedroom, second level loft has vaulted ceilings & currently looks like a Rec Room that could easily be divided into multiple rooms and all the items needed for a home including separate; plumbing, hydro, natural gas forced air furnace, CA. 713B tenant will have to be assumed @ $2,000 per month, + annual increase, + bills, on a 5yr lease. Shingles done in 2016. Buyer to verify all uses & condition. Great investment or future 2 family situation, this could be a great opportunity to get ahead and have your real estate investment pay for it self! Gross is $54,000 with tenants paying utilities. GREAT TOWN BESIDE THE GRAND RIVER, CLOSE TO THE LAKE, LOTS OF SCHOOLS, MATURE STREET LOCATION, NEWER; ARENA, SHOPPING COMPLEXES & OH SO FRIENDLY FOLK (pictures are before being occupied, no current pictures as per the tenants wishes) (id:63008)

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https://www.realtor.ca/real-estate/28572787/713-cedar-street-dunnville