Incredible Investment or Live-In Opportunity!Dont miss this rare chance to own an extensively updated, purpose-built solid brick DUPLEX in the heart of Exeter, Ontario, a growing community just 20 minutes to Grand Bend and 30 minutes to London. Ideally located on Main Street, this property offers excellent exposure, multiple income streams, and flexibility for residential or potential commercial use.Set on a 52x130 ft lot, this well-maintained property features two spacious 2-bedroom units, each with private front and rear entrances, in-suite laundry, and thoughtfully updated interiors. Recent renovations include all new windows, updated soffit/fascia, a fire alarm system upgraded to meet fire and sound separation codes, and modern vinyl plank flooring. Both units offer renovated bathrooms, updated baseboard heaters, and energy-efficient ductless mini-split systems for heating and cooling. Additional updates include attic insulation, professional maintenance free landscaping, an expansive concrete patio, and a 10x20 storage shed with a split interior, great for tenant storage or owner use. The interlock brick driveway accommodates up to 5 vehicles with ease.All appliances are owned and included, making this a true turnkey property. The lower unit is currently rented at $1,630/month to a long-term, reliable tenant. The upper unit is vacant, offering an ideal opportunity for owner occupancy or a market rent of $2,100/month. Theres also potential for additional rental income by taking advantage the property's high-traffic location and the custom stone yard sign.With the potential for great Cap Rate, this is an ideal investment for savvy buyers looking to grow their portfolio, generate steady rental income, or offset their mortgage while living in one unit. Whether you choose to live in one and rent the other, rent both, or explore a commercial use - this property offers outstanding value and versatility Floor Plans, Full List of Upgrades & Operating Expenses Available. (id:52373)
| MLS® Number | X12095510 |
| Property Type | Multi-family |
| Community Name | Exeter |
| Amenities Near By | Schools, Park, Hospital |
| Community Features | Community Centre, School Bus |
| Equipment Type | None |
| Features | Flat Site, Dry, In-law Suite |
| Parking Space Total | 5 |
| Rental Equipment Type | None |
| Structure | Shed |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Construction Status | Insulation Upgraded |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Heat Pump |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Land Amenities | Schools, Park, Hospital |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 130 Ft |
| Size Frontage | 50 Ft ,2 In |
| Size Irregular | 50.2 X 130 Ft |
| Size Total Text | 50.2 X 130 Ft |
| Zoning Description | R1-1 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Family Room | 5.22 m | 3.54 m | 5.22 m x 3.54 m |
| Lower Level | Kitchen | 3.05 m | 3.6 m | 3.05 m x 3.6 m |
| Lower Level | Bedroom | 3.08 m | 3.35 m | 3.08 m x 3.35 m |
| Lower Level | Bedroom 2 | 3.08 m | 3.47 m | 3.08 m x 3.47 m |
| Lower Level | Laundry Room | 2.23 m | 1.86 m | 2.23 m x 1.86 m |
| Upper Level | Family Room | 5.58 m | 3.6 m | 5.58 m x 3.6 m |
| Upper Level | Kitchen | 3.14 m | 3.69 m | 3.14 m x 3.69 m |
| Upper Level | Bedroom | 3.44 m | 3.54 m | 3.44 m x 3.54 m |
| Upper Level | Bedroom 2 | 3.44 m | 3.47 m | 3.44 m x 3.47 m |
| Upper Level | Laundry Room | 2.38 m | 2 m | 2.38 m x 2 m |
https://www.realtor.ca/real-estate/28195652/103-105-main-street-south-huron-exeter-exeter
Contact us for more information
Scott Ralph
Salesperson
(519) 673-3390
Paige Mccann
Salesperson
(519) 673-3390
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
