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Est. payment | /mo
4 Beds
2 Baths
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Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 901 - Smiths Falls
MLS Listing ID X13006544
Style 2-Storey
Bedrooms 4
Annual Tax Amount $3,531
Tax Year 2025
Property Sub-Type Duplex
Property Description
71 Russell Street East offers a flexible opportunity for investors and owner-occupants alike. Whether you're looking to add to your portfolio, purchase your first income property, or explore the possibility of living in one unit while benefiting from rental income from the other, this duplex offers both flexibility and future potential. The property features two 2-bedroom, 1-bath units with existing tenants already in place, making it well suited to continued investment use while also presenting future owner-occupancy possibilities. Buyers entering the market may appreciate the opportunity to combine homeownership with income generation in one property. Recent updates provide added peace of mind, including a new roof completed in 2019 with 40-year shingles, along with two gas furnaces updated in 2017 and 2024. The property also offers ample tenant storage space and parking for three vehicles. Conveniently located close to schools, shopping, and everyday amenities, 71 Russell Street East presents an opportunity to step into the market with flexibility already built in, whether your goals are investment, homeownership, or a combination of both.
Location
State ON
County Lanark
Area Lanark
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter
Cooling Central Air
Inclusions 2- refrigerators, 2- stoves, lawnmower
Exterior
Exterior Feature Porch
Parking Features Private Triple
Pool None
Roof Type Asphalt Shingle
Lot Frontage 61.5
Lot Depth 121.9
Total Parking Spaces 3
Building
Foundation Stone
Others
Senior Community No
ParcelsYN No
Listed by SUTTON ESSENTIAL REALTY
Nearby Locations