390-394 Hyde Street, Prescott, ON K0E 1T0
Prescott, ON, K0E 1T0 · 808 - Prescott
About this property
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.
Features & Amenities
- Basement: Unfinished
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Semi-Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Basement | Unfinished |
| Garage | Detached |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $2,993 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Aluminum Siding
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Unfinished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 4.00
- Parking Features
- Private Double, Available
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 100.00
- Lot Width
- 45.00
Community & Neighborhood
- Property Features
- Park, Place Of Worship, Rec./Commun.Centre, Golf, Library
Financial & Tax
- Tax Annual Amount
- $2,993
- Tax Year
- 2026
- Possession Type
- Immediate
- Possession Details
- Immediate/Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 9
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Vacant
- Direction Faces
- North
- County Or Parish
- Leeds and Grenville
- Cross Street
- Edward Street/Wood Street/Josephine Street
- Directions
- From HWY 401 - Take exit 716 Prescott. Continue south onto Edward Street. Turn right onto Wood Street. Wood Street turns into Hyde St. Property is on the right hand side.
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
390-394 Hyde Street, Prescott, ON K0E 1T0, Prescott, ON, K0E 1T0