6 Beds 2 Bath

#40 & 42 - 40 Main Street, North Stormont, ON K0C 0B2

North Stormont K0C 0B2 Ontario

MLS: X12190262

$489,900

Added 1 day ago | For Sale

Listed by: EXP REALTY

About Property

Welcome to 40 & 42 Main Street, Finch, a rare find offering two spacious 3-bedroom units in a beautifully updated century duplex. Both units are occupied by long-term tenants, generating a solid annual income of $36,900. Recent upgrades include modernized kitchens, refreshed bathrooms, and updated finishes throughout. Municipal water, sewer, natural gas, and high-speed internet are all in place, a big bonus in rural Ontario! This property is ideal for savvy investors or buyers looking to live in one unit while earning rental income from the other. With separate entrances and ample parking, it's an ideal setup for owner-occupancy. Plus, there's an opportunity to add separate hydro meters, allowing tenants to take over electricity costs and increasing your cash flow. Situated on a generous lot, there is even potential to sever and build on or sell the side yard, offering future development or resale value. Finch is a growing community, just 50 minutes from Ottawa and 30 minutes from Cornwall, making it a commuter-friendly option with strong rental demand. Whether you're looking to grow your portfolio or make a smart move toward homeownership with built-in income, this property is packed with potential. Book your showing today and explore all the ways this investment can work for you! Photos show only unit 42 and have been virtually decluttered and staged to protect the privacy of the tenants.

Features

  • House Style:Duplex
  • Bathrooms:2
  • Land Size: 150 X 117.19
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Main St & Bergin Ave
  • Basement:Partial Basement,Unfinished , Partial Basement,Unfinished
  • Possession Date:min 60 days for owner occupied
  • Annual Property taxes: $2230
  • Bedrooms:6
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Forced Air
  • Pool Type:Other
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12190262

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