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TWO HOUSES FOR THE PRICE OF ONE - DELHI Realtor Commission in Delhi, Ontario

Two houses on one lot! Fantastic investment opportunity.Live in one house and have your tenant pay your mortgage, use the other house for family members or rent both houses. Live in one house and use the other for your office/business. Rent out both to 7 Fanshawe students for $3,500. month for income of $42,000. annually.
I will pay your closing costs if we negotiate the right price or give you cash back for a down payment. You may qualify for rent-to-own arrangement as well.
Older houses with quaint charm and curb appeal. Houses known as Rosebud Cottage and Hollyhock Cottage. Some original gable work at front of larger house. Close to Brantford, Woodstock, Simcoe, Tillsonburg. REALTOR with buyer will receive 2 and 1/2 % commission.
Legal to sell one or both of the houses and lease the land similar to a cottage on leased land. OR apply for a zoning by-law amendment to sever the property and have two separate properties.Appraised at $270.00
Larger 1 ½ storey house has eight rooms ? two bedrooms upstairs, and open concept living room-kitchen.. Main floor laundry room, bathroom with Jacuzzi tub, a large family room, living room, eat-in kitchen, and three bedrooms. There is also a hidden room upstairs that could be made into a large closet or bathroom. Large unfinished basement with workbench. Double shed at back of house. Three-sided carport. Very large, completely fenced-in deck and front porch. Walk-outs to deck. Accessible entry.
Smaller 1 ½ storey house - main floor has one bedroom plus den (or office or walk-in closet), living room, kitchen, dining area, bathroom. Partial basement with washer and dryer. One large bedroom upstairs. Large front garden, pond with fish, side yard and small backyard, two parking spaces. Annual rental income $8,400. or live in smaller house and rent out larger house for annual income of $10,800.00
Upgrades in larger house:roof 4 years old, high-efficiency furnace 4 years old, 6 new windows, 100 amps with breaker panel, updated plumbing, all new eavestroughs, new front porch, accessible ramps, new flooring in kitchen, newer kitchen counter top, owned 4 year old hot water tank heater.
Upgrades in smaller house: all new eaves troughs, some new siding, some newer windows, 100 amp breaker panel, updated plumbing, new flooring in kitchen and dining area, new kitchen counter top, new bathroom sink.
May consider selling one of the houses as a structure on its own and leasing the land. No down payment but good income and good credit? I know a mortgage broker who can get you a mortgage.

Type: Houses for sale
Province: Ontario 
City: Delhi 
Category: Houses for sale
Houses for sale in Ontario
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