31 Marcel Street Russell, Ontario K0A 1W0

$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:49993)

Property Details

MLS® Number	X11923690
Property Type	Single Family
Community Name	602 - Embrun
Amenities Near By	Park
Features	In-law Suite
Parking Space Total	5
Structure	Deck

Building

Bathroom Total	4
Bedrooms Above Ground	3
Bedrooms Below Ground	2
Bedrooms Total	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
Basement Features	Apartment In Basement, Separate Entrance
Basement Type	N/a
Cooling Type	Central Air Conditioning, Air Exchanger
Exterior Finish	Stone, Vinyl Siding
Fireplace Present	Yes
Fireplace Total	2
Foundation Type	Poured Concrete
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Type	Duplex
Utility Water	Municipal Water

Parking

Attached Garage

Land

Acreage	No
Land Amenities	Park
Sewer	Sanitary Sewer
Size Depth	134 Ft ,10 In
Size Frontage	40 Ft
Size Irregular	40 X 134.91 Ft
Size Total Text	40 X 134.91 Ft

Rooms

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

Utilities

Sewer

Installed

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