713 Cedar Street, Dunnville, Ontario N1A 2J9

URBAN DOUBLE IT UP IN DUNNVILLE!!! Opportunity knocks. Two dwellings on one property in R2 zoning! First home fronting on Cedar St is a solid spacious 3 bed home with 1 & a half bathes, separate dining room, enclosed sun porch, big kitchen, large living room & some original hardwood flooring, updates include; furnace, hydro & windows. 2nd dwelling (known as 713B Cedar St.) has long double driveway off of Cross St E alley way that features open concept main level, with super sized bedroom, second level loft has vaulted ceilings & currently looks like a Rec Room that could easily be divided into multiple rooms and all the items needed for a home including separate; plumbing, hydro, natural gas forced air furnace, CA. Shingles done in 2016. Buyer to verify all uses & condition. Great investment or future 2 family situation, this could be a great opportunity to get ahead and have your real estate investment pay for it self! Gross is $48,000 with tenants paying utilities and rentals. 40% VTB available. GREAT TOWN BESIDE THE GRAND RIVER, CLOSE TO THE LAKE, LOTS OF SCHOOLS, MATURE STREET LOCATION, NEWER; ARENA, SHOPPING COMPLEXES & OH SO FRIENDLY FOLK (pictures are before being occupied, no current pictures as per the tenants wishes) (id:27476)

This property is situated in a convenient location with amenities such as a hospital, marina, and schools nearby.

There are a total of 2 parking spaces available on the property.

Located in Dunnville, this property presents a unique opportunity with two dwellings on one R2 zoned lot. The first home on Cedar St offers 3 bedrooms, 1.5 bathrooms, a separate dining room, enclosed sun porch, spacious kitchen, large living room, and original hardwood flooring. Updates include a new furnace, electrical system, and windows. The second dwelling, known as 713B Cedar St, features an open concept main level, a generously sized bedroom, and a loft with vaulted ceilings that can be converted into multiple rooms. It has separate plumbing, electrical, natural gas forced air furnace, and central air conditioning. The roof was redone in 2016. The property has the potential for various uses and conditions, making it a great investment opportunity or suitable for a two-family living situation. The gross income is $48,000 with tenants responsible for utilities and rentals. There is also a 40% VTB available.

The property is for sale and has a land size of 49.18 x under 1/2 acre. It is located on 713 Cedar Street in Dunnville, Ontario, with a postal code of N1A2J9. The architectural style is multi-unit, and the building construction style is detached. Cooling is provided by central air conditioning, and the exterior finish consists of aluminum siding, metal, and vinyl siding. The property uses natural gas as a heating fuel and has a forced air heating system. It is a 1.5 story apartment type property with land surface water or a creek/stream nearby.