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31 Marcel Street Russell, Ontario K0A 1W0

5 Bedroom 4 Bathroom
Fireplace Central Air Conditioning, Air Exchanger Forced Air

$899,900

Discover this thoughtfully designed duplex, an ideal opportunity for investors or buyers looking to offset their mortgage by living in one unit and renting out the other. This well-maintained property offers both comfort and practicality, with great income potential. The upper unit features a bright, open-concept kitchen and living/dining area with a patio door leading to a spacious deck, perfect for outdoor enjoyment. With 3 bedrooms, 2.5 bathrooms, and a large laundry room, this unit is well-suited for families or professionals seeking space and convenience. The lower unit has a private side entrance and includes 2 bedrooms plus a den, a full bathroom, and its own laundry room. The bright, open-concept living area boasts a cozy fireplace, and a great modern kitchen. Both units are equipped with separate furnaces, HRVs, hot water tanks, and individual gas and hydro meters, giving tenants control over their utilities. Tenants pay heating and hydro, while the landlord covers up to $100 per month for water. The property is fully rented, with 31 Marcel generating $2,800 per month and 31A generating $2,200 per month. The upper unit has a 5 year lease expiring on April 1st 2029 and the lower unit lease is in place until April 1, 2025, after which they will transition to a month-to-month agreement. Whether you're looking to grow your portfolio or find a home that generates income, this duplex is a rare opportunity you wont want to miss! (id:6673)

Property Details

MLS® Number X11923690
Property Type Single Family
Community Name 602 - Embrun
AmenitiesNearBy Park
Features In-law Suite
ParkingSpaceTotal 5
Structure Deck

Building

BathroomTotal 4
BedroomsAboveGround 3
BedroomsBelowGround 2
BedroomsTotal 5
Amenities Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Appliances Garage Door Opener Remote(s), Water Heater - Tankless, Dishwasher, Dryer, Garage Door Opener, Hood Fan, Refrigerator, Two Stoves, Two Washers
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a
CoolingType Central Air Conditioning, Air Exchanger
ExteriorFinish Stone, Vinyl Siding
FireplacePresent Yes
FireplaceTotal 2
FoundationType Poured Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Park
Sewer Sanitary Sewer
SizeDepth 134 Ft ,10 In
SizeFrontage 40 Ft
SizeIrregular 40 X 134.91 Ft
SizeTotalText 40 X 134.91 Ft

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4.88 m x 4.57 m
Second Level Bedroom 2 4.27 m x 3.05 m
Second Level Bedroom 3 4.27 m x 3.05 m
Second Level Bathroom 1.52 m x 1.83 m
Basement Kitchen 5.79 m x 2.13 m
Basement Primary Bedroom 3.96 m x 3.35 m
Basement Bedroom 2 5.18 m x 3.96 m
Basement Living Room 6.4 m x 6.1 m
Main Level Living Room 6.71 m x 3.66 m
Main Level Dining Room 3.96 m x 3.66 m
Main Level Kitchen 5.49 m x 2.74 m
Main Level Foyer 5.18 m x 3.35 m

Utilities

Sewer Installed

https://www.realtor.ca/real-estate/27802913/31-marcel-street-russell-602-embrun

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Christine Locke
Salesperson


Locke Real Estate Inc.
1803 St. Joseph Blvd, Unit 104
Ottawa, Ontario K1C 6E7