283 MERIDIAN Avenue

About This Property

This fully rented duplex is an exceptional investment opportunity! Both apartments have been beautifully renovated and are in excellent condition, each offering 2 spacious bedrooms and a full bathroom. Tenants enjoy the comfort and efficiency of natural gas heating and hot water on demand, while separate hydro and gas meters ensure individual utility management. Each unit also features a radiant electric heat panel in the living room and washer/dryer hookups for added convenience. The large shared backyard offers plenty of outdoor space for tenants to enjoy. With ample parking for both units, this property is tenant-friendly and highly functional. Fire-inspected and retrofitted in 2015, the duplex has been upgraded with new siding and 2-inch foam insulation, as well as new windows, facia, and soffits. This is an ideal income property or an excellent opportunity to live in one unit and have the rent from the other cover your mortgage! Property code 332. Utilities being paid by tenants. Rental Income: Apartment A: $893.00/month + utilities and Apartment B: $974.00/month + utilities. This property offers flexibility for both investors and homeowners-live in one unit and let the rental income from the other cover your mortgage!