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Description
Prime investment opportunity at 185 Duke Street, Bowmanville! This heritage property on a 1 Acre lot offers strong cash flow and future land value growth. This meticulously maintained estate features three independent units, comprising a total of 13 bedrooms, six on the main and upper floors and four in the basement, designed to maximize rental income. Each unit is equipped with its own kitchen and laundry facilities, ensuring tenant convenience and privacy, while 14 dedicated parking spaces add further value. Strategically located near Highway 401 and a short drive from Toronto, the property benefits from strong tenant demand and significant land value growth potential. Recent upgrades, including modernized water, electricity, hydro, and piping systems, a two-year-old hot water tank, a new furnace, and a three-year-old propane system, ensure low-maintenance ownership. Blending timeless heritage charm with contemporary functionality, this turnkey property is a rare find, offering immediate income and scalability.
Overview
Property ID:
HML-149604180002
Type:
Duplex
Bedrooms:
7
Bathrooms:
5
Square:
3,250 ft2
Price:
$1,550,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Wall Unit(s)
Heating:
Water
ParkingFeatures:
None
YearBuilt:
Unknown
TaxAnnualAmount:
5924.19
PossessionDetails:
Unknown
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