390-394 Hyde ST, Prescott, ON K0E 1T0
390-394 Hyde ST, Prescott, ON K0E 1T0
390-394 Hyde ST, Prescott, ON K0E 1T0
50
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$475,000
Est. payment /mo
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5 Beds
3 Baths
Active Under Contract

390-394 Hyde ST Prescott, ON K0E 1T0

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active Under Contract

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 808 - Prescott

MLS Listing ID X13770498

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,993

Tax Year 2026

Property Sub-Type Semi-Detached

Property Description

Two units. Zero tenants. One seriously interesting opportunity. Welcome to 390-394 Hyde Street, a VACANT, well-maintained duplex that gives its next owner something investors love: options. Choose your own tenants, set your own rents, live in one and let the other help pay the bills, or add both doors to your investment portfolio. 390 offers 2 bedrooms PLUS an office/den, 2 bathrooms, a formal dining room, living room, kitchen and two porches. 394 brings another 3 bedrooms, 1 bathroom, dining room, living room and kitchen. That's five bedrooms, three bathrooms and plenty of space between the two units. Sitting proudly on a corner lot, there's another surprise out back: a detached DOUBLE-CAR GARAGE with a loft. Storage, toys, workshop space... you decide. Now, let's talk numbers. At projected rents of $1,500/month per unit, you're looking at $36,000 in potential gross annual rent. Using a 5% vacancy allowance, 5% maintenance/repair allowance, 2026 taxes of $2,993.18 and insurance of $2,752.67, estimated NOI is approximately $26,654 - translating to a projected 5.61% cap rate at the $475,000 asking price. Plus, each unit has separate hydro and gas meters.Vacant duplex. Double garage. Five bedrooms between the units. 390-394 Hyde Street might just make your calculator - and your portfolio - very happy. Rental income, expenses, NOI and cap rate are projections only. Buyers to complete their own due diligence.

Location

Province ON

County Leeds And Grenville

Area Leeds And Grenville

Rooms

Family Room Yes

Basement Unfinished

Kitchen 2

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter, Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double, Available

Garage Spaces 2.0

Pool None

Waterfront Description None

View City

Roof Type Asphalt Shingle

Lot Frontage 45.0

Lot Depth 100.0

Total Parking Spaces 4

Building

Building Age 100+

Unit Features Park,Place Of Worship,Rec./Commun.Centre,Golf,Library

Foundation Stone

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN Yes

Virtual Tour https://mediahill.pixieset.com/390and394hydestreet/

Listed by REMAX BOARDWALK REALTY

NEARBY SCHOOL & BUSINESS

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader License ID: 9517861

+1(416) 875-4880

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390-394 Hyde ST

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