145 ARTHUR Street N , Guelph

6 Bed / 2 Bath / $899,900 / MLS® Listing #:40152607

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145 Arthur St N is a charming red brick 2 unit home (3 bedrooms each) situated on highly sought after street in heart of downtown! Only 5-min walk to amenities downtown Guelph offers, restaurants, boutique stores & more! Located across the street from beautiful Speed River. Less than 10-min walk to GO Station making this an ideal location for commuters. Fantastic investment opportunity, prime location makes this home very appealing to tenants! Home currently rented to 2 fantastic tenants. Main floor tenant pays $1800/mth & will be on mth to mth as of Aug 1st. 2nd-floor tenant pays $2000/mth + utilities on lease starting July 1st. Property generates annual ROI of 17.67% W/very modest appreciation. Its hard to find any type of investment that can give you that high of return while being a safe & stable investment! Homes in downtown core are a great investment as they are appreciating at a rapid pace. Guelph is spending tons of money developing this area! Multiple high-end buildings have gone in over the past couple of yrs & many more are in the works. GTA buyers continue to move to Guelph & the close proximity to GO Station is a huge asset. Front porch welcomes you to upper unit offering kitchen W/white cabinetry, quartz counters & laundry. 3 bedrooms W/large windows & renovated 5pc main bath W/modern vanity W/double sinks & shower/tub. One bedroom currently being used as dining room. Additional living in 3rd-floor loft W/closet & skylight allowing space to be bright & inviting. This area makes an excellent living room. Enter back apt into spacious eat-in kitchen W/ample counter/cabinetry space. Living room W/solid pine floors & main floor bedroom. Downstairs are 2 additional bedrooms W/closet space & 3pc bath. This unit has separate laundry & both are separately metered. At the back are 3 adjacent parking spots meaning you don't have to shuffle cars around.Furnace replaced in 2013, wiring updated to 200 amps, roof replaced in approx. 2015 &windows replaced in 2017 (id:10452)

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Property Details

Property Type Duplex
Square Feet 2000.0000
Maintenance N/A
Days On Our Website 67
Basement Finished - Full (Finished)
Lot Dimensions under 1/2 acre
Pool N/A
Area Guelph
Air Conditioning None
Heating Natural gas - Forced air
Exterior Brick, Stone
Parking Spaces 3
Sewers Municipal sewage system
Water Municipal water

Listing Office: Re/Max Real Estate Centre Inc Brokerage

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