$475,000
Available - For Sale
Listing ID: X13770498
390-394 Hyde Street , Prescott, K0E 1T0, Leeds and Grenvi
| 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. |
| Price | $475,000 |
| Taxes: | $2993.18 |
| Occupancy: | Vacant |
| Address: | 390-394 Hyde Street , Prescott, K0E 1T0, Leeds and Grenvi |
| Directions/Cross Streets: | Edward Street/Wood Street/Josephine Street |
| Rooms: | 9 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 12.99 | 10.69 | |
| Room 2 | Main | Dining Ro | 11.48 | 15.19 | |
| Room 3 | Main | Living Ro | 11.38 | 15.19 | |
| Room 4 | Main | Foyer | 7.05 | 7.41 | |
| Room 5 | Second | Primary B | 10.59 | 12.1 | |
| Room 6 | Second | Bedroom | 12.3 | 8.13 | |
| Room 7 | Second | Bedroom | 12.86 | 10.69 | |
| Room 8 | Second | Bathroom | 8.04 | 6.72 | 4 Pc Bath |
| Room 9 | Main | Other | 7.25 | 7.05 | W/O To Porch |
| Room 10 | Main | Living Ro | 11.48 | 15.28 | |
| Room 11 | Main | Dining Ro | 11.12 | 15.28 | |
| Room 12 | Main | Kitchen | 13.51 | 16.53 | |
| Room 13 | Main | Bathroom | 10.79 | 7.81 | 2 Pc Bath, Combined w/Laundry |
| Room 14 | Main | Other | 7.45 | 15.15 | |
| Room 15 | Second | Primary B | 13.25 | 10.86 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 2 | Main |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Semi-Detached |
| Style: | 2-Storey |
| Exterior: | Aluminum Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Park #3 | |
| Parking Type: | Available |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Park, Place Of Worship |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REMAX BOARDWALK REALTY |
|
|
Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-333-3500
Fax:
905-333-3616
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Leeds and Grenville |
| Municipality: | Prescott |
| Neighbourhood: | 808 - Prescott |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $2,993.18 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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