69 Madoc St, Marmora and Lake, Ontario K0K 2M0

They dont build them like they used to. This all-brick, side by side duplex, located in the charming community of Marmora offers an excellent opportunity for both homeowners and investors. With the potential to live in one unit and rent out the other, or lease both units for a lucrative return, this property is versatile and promising. Currently, the 2 bedroom Unit B is tenant-occupied, generating $1,650 per month plus utilities, while the 3 bedroom Unit A is vacant and listed for lease at $2,100 per month plus utilities. Both units are separately metered for water, electricity, and natural gas, providing clear and manageable utility costs. Significant updates were completed in 2016, including new gas furnaces and 200-amp breaker panels. More recently, both units have received new flooring, fresh paint, and fixtures. Each unit also features: separate driveways, dedicated deck/patio areas, shared use of the large backyard, full-height basements, and in-suite main floor laundry. Central location close to Schools, parks, arena and Marmoras charming downtown.

Inclusions: This duplex represents a rare find with its blend of classic construction quality. Marmora, located along Hwy 7, is near lakes and trails and within commuting distance to Peterborough, Belleville, and nearby smaller communities.