REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 299,000
Est. payment | /mo
5 Beds
2 Baths
$ 299,000
Est. payment | /mo
5 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 901 - Smiths Falls
MLS Listing ID X13026490
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,021
Tax Year 2026
Property Sub-Type Duplex
Property Description
Welcome to 137 Beckwith St North, a well-located up/down duplex offering strong income potential and flexibility for both investors and owner-occupants. Situated on a desirable street in a growing community, this property is an ideal addition to any portfolio or a smart way to offset your mortgage by living in one unit while renting the other. The upper unit features a spacious 3-bedroom, 1-bathroom layout and is currently tenanted by long-term occupants paying $1,194.76/month. The lower unit offers a bright 2-bedroom, 1-bathroom layout that will be vacant May 31, 2026, providing the opportunity to set your own rent (previously rented at $1,600/month). This property is well-configured for investment, with separate hydro meters and furnaces, allowing each unit to pay their own gas and hydro. Water is paid by the landlord. Additional highlights include two parking spaces and key updates: windows (2023), roof (2017), electrical (2016), and plumbing (2019), downstairs bathroom update (2025), downstairs flooring (2025). With a current cap rate of 7.12% and NOI of $23,928.23, this is a solid, income-producing asset with excellent upside potential. (Based on market rents, there is also the opportunity to achieve a potential cap rate of 9.46% if the upper unit is rented at $1,850/month.)
Location
Province ON
County Lanark
Area Lanark
Zoning R2
Rooms
Family Room No
Basement Crawl Space
Kitchen 2
Interior
Interior Features None
Cooling None
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 45.3
Total Parking Spaces 2
Building
Building Age 51-99
Foundation Concrete
Others
Senior Community No
ParcelsYN Yes
Listed by SUTTON GROUP - OTTAWA REALTY
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty