390-394 Hyde Street, Prescott, Ontario K0E 1T0 (30264169)

390-394 Hyde Street Prescott, Ontario K0E 1T0

5 Bedroom 3 Bathroom 2,000 - 2,500 sqft
Central Air Conditioning Forced Air

$475,000

Two units. Zero tenants. One seriously interesting opportunity. Welcome to 390-394 Hyde Street, a VACANT, well-maintained duplex that gives its next owner something investors love: options. Choose your own tenants, set your own rents, live in one and let the other help pay the bills, or add both doors to your investment portfolio. 390 offers 2 bedrooms PLUS an office/den, 2 bathrooms, a formal dining room, living room, kitchen and two porches. 394 brings another 3 bedrooms, 1 bathroom, dining room, living room and kitchen. That's five bedrooms, three bathrooms and plenty of space between the two units. Sitting proudly on a corner lot, there's another surprise out back: a detached DOUBLE-CAR GARAGE with a loft. Storage, toys, workshop space... you decide. Now, let's talk numbers. At projected rents of $1,500/month per unit, you're looking at $36,000 in potential gross annual rent. Using a 5% vacancy allowance, 5% maintenance/repair allowance, 2026 taxes of $2,993.18 and insurance of $2,752.67, estimated NOI is approximately $26,654 - translating to a projected 5.61% cap rate at the $475,000 asking price. Plus, each unit has separate hydro and gas meters.Vacant duplex. Double garage. Five bedrooms between the units. 390-394 Hyde Street might just make your calculator - and your portfolio - very happy. Rental income, expenses, NOI and cap rate are projections only. Buyers to complete their own due diligence. (id:63879)

Open House

This property has open houses!

September
13
Sunday
Starts at:

11:00 am

Ends at:

1:00 pm

Property Details

MLS® Number X13770498
Property Type Single Family
Community Name 808 - Prescott
Amenities Near By Park, Place Of Worship, Golf Nearby
Community Features Community Centre
Parking Space Total 4
View Type City View

Building

Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Total 5
Age 100+ Years
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Dishwasher
Basement Development Unfinished
Basement Type N/a (unfinished)
Construction Style Attachment Semi-detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding
Fire Protection Smoke Detectors
Foundation Type Stone
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Park, Place Of Worship, Golf Nearby
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 45 Ft
Size Irregular 45 X 100 Ft
Size Total Text 45 X 100 Ft
Zoning Description Residential (r3)

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.04 m x 3.31 m
Second Level Office 3.69 m x 2.49 m
Second Level Bedroom 3.2 m x 3.73 m
Second Level Other 1.74 m x 0.83 m
Second Level Bathroom 2.37 m x 2.07 m
Second Level Primary Bedroom 3.23 m x 3.69 m
Second Level Bedroom 3.75 m x 2.48 m
Second Level Bedroom 3.92 m x 3.26 m
Second Level Bathroom 2.45 m x 2.05 m
Main Level Kitchen 3.96 m x 3.26 m
Main Level Dining Room 3.5 m x 4.63 m
Main Level Dining Room 3.39 m x 4.66 m
Main Level Kitchen 4.12 m x 5.04 m
Main Level Bathroom 3.29 m x 2.38 m
Main Level Other 2.27 m x 4.62 m
Main Level Living Room 3.47 m x 4.63 m
Main Level Foyer 2.15 m x 2.26 m
Main Level Other 2.21 m x 2.15 m
Main Level Living Room 3.5 m x 4.66 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30264169/390-394-hyde-street-prescott-808-prescott

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