Attention investors! Cash cow producing over $950/month in positive net cash flow! This captivating 6-bedroom, red brick century home at 145 Arthur St N, featuring a renovated, vacant, legal accessory apartment, is a prime investment opportunity. With the main floor unit vacant, you have the flexibility to live in one unit and rent the other or rent both for maximum returns. Live in the main unit for less than $2,000/month in total expenses—far cheaper than renting in this desirable area—and build equity in an appreciating asset. Positioned in downtown Guelph, steps from restaurants, boutiques, the GO Station and major future developments, this property offers an ideal balance of immediate cash flow and long-term growth. The city of Guelph is investing over 300 million in the downtown Baker St development and the new Downtown Conestoga Campus is bringing an influx of 5,000 students to the downtown core. Rents and home values in this area are anticipated to skyrocket over the next 5 years. With updated kitchens, modern bathrooms and 3 adjacent parking spots, this property not only offsets most of your mortgage but will significantly increase your wealth as its value appreciates over the next 5 years! Don’t miss this rare opportunity to invest in a property poised for exceptional returns. (id:56591)
MLS® Number | 40643307 |
Property Type | Single Family |
Amenities Near By | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Community Features | School Bus |
Equipment Type | None |
Features | Paved Driveway, Shared Driveway |
Parking Space Total | 3 |
Rental Equipment Type | None |
View Type | River View |
Bathroom Total | 2 |
Bedrooms Above Ground | 4 |
Bedrooms Below Ground | 2 |
Bedrooms Total | 6 |
Appliances | Dishwasher, Water Softener |
Basement Development | Finished |
Basement Type | Full (finished) |
Constructed Date | 1930 |
Construction Style Attachment | Detached |
Cooling Type | None |
Exterior Finish | Brick, Stone |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 3 |
Size Interior | 2049 Sqft |
Type | House |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 100 Ft |
Size Frontage | 30 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R.1b |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | 5pc Bathroom | Measurements not available | ||
Second Level | Bedroom | 11'6'' x 9'5'' | ||
Second Level | Bedroom | 13'4'' x 10'0'' | ||
Second Level | Bedroom | 13'7'' x 10'0'' | ||
Second Level | Kitchen | 11'6'' x 9'10'' | ||
Third Level | Loft | 22'10'' x 12'7'' | ||
Basement | 5pc Bathroom | Measurements not available | ||
Basement | Bedroom | 10'11'' x 9'2'' | ||
Basement | Bedroom | 12'1'' x 11'7'' | ||
Main Level | Bedroom | 13'0'' x 10'6'' | ||
Main Level | Living Room | 13'3'' x 13'1'' | ||
Main Level | Kitchen | 11'1'' x 10'10'' |
https://www.realtor.ca/real-estate/27379369/145-arthur-street-n-guelph
Contact us for more information
Bradley Wylde
Salesperson
(519) 836-6365
(519) 836-7975
www.remaxcentre.ca/