Address: 103-105 MAIN STREET, South Huron (Exeter) FOR SALE Postal Code: N0M1S2 Style: Type: Multi-family Duplex Bedrooms: 4 Bathrooms: 2 Bedrooms Aboveground: 4 Parking: No Garage Garage: No Garage Lot Size: 50 ft ,2 in x 130 ft Property Size: 50.2 x 130 FT Stories: 2
About 103-105 Main Street
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:56071). Get more information on 103-105 Main Street
Property Features
Appliances: Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator Features: Flat site, Dry, In-Law Suite Landscape: Landscaped Rental Equipment: None Directions: Main & Nelson Zoning Description: R1-1 Interior Size: 2000 - 2500 sqft Community Features: Community Centre, School Bus Amenities: Separate Electricity Meters, Separate Heating Controls Lot: 50.2 x 130 FT 50.2 x 130 FT Exterior Finish: Brick, Vinyl siding Water: Municipal water, Sanitary sewer Heating / Cooling: Electric / Wall unit Age: Foundation: Poured Concrete Basement: N/A (Finished) Finished
Rooms & Sizes
Family room Lower level 5.22 m x 3.54 m
Kitchen Lower level 3.05 m x 3.6 m
Bedroom Lower level 3.08 m x 3.35 m
Bedroom 2 Lower level 3.08 m x 3.47 m
Laundry room Lower level 2.23 m x 1.86 m
Family room Upper Level 5.58 m x 3.6 m
Kitchen Upper Level 3.14 m x 3.69 m
Bedroom Upper Level 3.44 m x 3.54 m
Bedroom 2 Upper Level 3.44 m x 3.47 m
Laundry room Upper Level 2.38 m x 2 m
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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