3728 Prospect Road, Shad Bay (MLS® 201723936): MOTIVATED SELLER! INVESTMENT OPPORTUNITY with SO MANY POSSIBILITIES! This EXTRA LARGE DUPLEX with 1.48 ACRES currently has 2 units RENTED at $2000 per month and tenants pay ALL utilities. This immense house also comes with a partially finished 812 sq. ft. of space, which with a little bit of work can offer a 3rd rental unit improving upon an already healthy Cap Rate. The unfinished area has been gyproced, wired & plumbed and it comes with a fireplace.Because of the RB2 zoning flexibility you may keep it as a 3 UNIT rental or a BED & BREAKFAST or as an OWNER-OCCUPIED home because the upstairs flat alone affords 1938 sq. ft. of living space with 4 bedrooms, huge kitchen, den, fireplace and CARPET FREE interior. The tenant downstairs enjoys a TOTALLY RENOVATED 2 bedrooms flat that helps with the mortgage.SINCE 2012 the following IMPROVEMENTS were completed; Roof shingles, State of the Art Cold Start Furnace with 5 zones, 2 Hot Water Tanks, Chimney, Electrical, Plumbing and 2 fibreglass oil tanks. The Ground Floor flat had the In-Floor heating, Vinyl Windows, Flooring, Bath and new Kitchen installed and updated with new appliances.This Gem sits on 1.48 ACRES that is nestled on a treed lot with 2 driveways that can park at least 10 cars and leave lots of lawn space for kids, pets even up to 50 chickens. This Real Estate offers Large Land & House, Great Cap Rate, Upgrades Galore & Multiple Investment Opportunities. If you like good deals then please come and view. ALL REASONABLE OFFERS WILL BE CONSIDERED.
Listing Courtesy of RE/MAX Nova
Dining Room, Fireplace(s), Storage
Park, Recreation Center, School Bus Service
2 Fridges, 2 Stoves, 1 dishwasher