Property Attributes
- ID#X13770498
- TypeSingle Family
- Listing Status Active
- MunicipalityPrescott
- CityPrescott
- Area808 - Prescott
- Neighbourhood808 - Prescott
- Postal CodeK0E 1T0
- Style
- Price$ 475,000
- Bedrooms5
- Bathrooms2
- Half Bathrooms1
Data Source:
Canadian Real Estate Association (CREA)
Property Description
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. (id:7434)
General Features
| Community Features | Community Centre |
|---|---|
| Property Type | Single Family |
| Zoning Description | Residential (R3) |
| CommunityName | 808 - Prescott |
| Amenities | Park, Place of Worship, Golf Nearby |
| Building Age | 100+ years |
| Building Amenities | Separate Heating Controls, Separate Electricity Meters |
| Building Appliances | Water Heater, Dishwasher |
| Building Cooling Type | Central air conditioning |
| Location Description | Cross Streets: Edward Street/Wood Street/Josephine Street. ** Directions: From HWY 401 - Take exit 716 Prescott. Continue south onto Edward Street. Turn right onto Wood Street. Wood Street turns into Hyde St. Property is on the right hand side. |
| Parking Space Total | 4 |
| Foundation Type | Stone |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Unfinished |
| Basement Type | N/A (Unfinished) |
| Construction Style Attachment | Semi-detached |
| Living Area Range | 2000 |
| Bedrooms | 5 |
Exterior Features
| ViewType | City view |
|---|---|
| Land Amenities | Park, Place of Worship, Golf Nearby |
| Sewer | Sanitary sewer |
| Exterior Finish | Aluminum siding |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bathroom | 3.29 m x 2.38 m | Main level | 2.38 m | |
| Bedroom | 3.92 m x 3.26 m | Second level | 3.26 m | |
| Dining room | 3.39 m x 4.66 m | Main level | 4.66 m | |
| Foyer | 2.15 m x 2.26 m | Main level | 2.26 m | |
| Kitchen | 4.12 m x 5.04 m | Main level | 5.04 m | |
| Living room | 3.5 m x 4.66 m | Main level | 4.66 m | |
| Office | 3.69 m x 2.49 m | Second level | 2.49 m | |
| Other | 2.21 m x 2.15 m | Main level | 2.15 m | |
| Primary Bedroom | 3.23 m x 3.69 m | Second level | 3.69 m |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in K0E 1T0
In The Neighbourhood
Prescott
$ 499,900
- Type
- Single Family
- Rooms
- 4 Beds + 2.5 Baths
Prescott
$ 479,900
- Type
- Single Family
- Rooms
- 4 Beds + 2 Baths
Prescott
$ 437,000
- Type
- Single Family
- Rooms
- 4 Beds + 1.5 Baths
Prescott
$ 699,900
- Type
- Single Family
- Rooms
- 8 Beds + 4.5 Baths
Prescott
$ 649,000
- Type
- Single Family
- Rooms
- 3 Beds + 3.5 Baths
Prescott
$ 499,000
- Type
- Single Family
- Rooms
- 2 Beds + 1.5 Baths
Prescott
$ 699,900
- Type
- Single Family
- Rooms
- 5 Beds + 2.5 Baths
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.