Property Description

Excellent opportunity to get into the real estate market here at 27 Cayuga St. N, Cayuga. Real Estate Investors wanting to purchase a turn-key, fully occupied legal duplex generating $60,600 gross annual income - today is your lucky day! Includes an extensively recently renovated, from bottom to top, 2 storey building positioned proudly on 0.18 acre lot in the heart of downtown Cayuga - no car required for tenants, as all amenities this popular Grand River offers, are within walking distance - incs shops, eateries, Post Office, river parks, schools & churches. UNIT #1 - Main Floor apartment ftrs 9ft ceilings highlighted w/open concept living area & stylish white kitchen cabinetry sporting designer island, quartz countertops & SS appliances incs built-in dishwasher, primary bedroom enjoying 3pc en-suite, 4pc principal bath, 2 additional bedrooms, laundry facilities & patio door walk-out to rear deck & yard. UNIT #2 - 2nd Floor apartment enjoys side door entrance w/private enclosed staircase accessing open concept living area & modern white kitchen augmented w/SS appliances incs built-in dishwasher & quartz countertops, 3 large bedrooms, 4pc main bath & separate laundry station. Extras - new since 2023 - low maintenance vinyl flooring thru-out, n/g furnace/AC, windows, 100 amp electrical/plumbing/insulation/drywall & LED lighting - plus double paved driveway & quaint wrap around front/side porch. Buyer agrees to accept the current Tenants upon completion of this transaction. Cap Rate of “7” (approx). Relaxing 30/40 min commute to Hamilton, Brantford & Hwy 403 - 90/120 mins to GTA. Rare Maintenance Free Duplex Package! (id:7434)