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. (id:25961)
Open house this Sun, Sep 13th from 11:00 AM to 1:00 PM.
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 4.04 m x 3.31 m |
| Office | Second level | 3.69 m x 2.49 m |
| Bedroom | Second level | 3.2 m x 3.73 m |
| Other | Second level | 1.74 m x 0.83 m |
| Bathroom | Second level | 2.37 m x 2.07 m |
| Primary Bedroom | Second level | 3.23 m x 3.69 m |
| Bedroom | Second level | 3.75 m x 2.48 m |
| Bedroom | Second level | 3.92 m x 3.26 m |
| Bathroom | Second level | 2.45 m x 2.05 m |
| Kitchen | Main level | 3.96 m x 3.26 m |
| Dining room | Main level | 3.5 m x 4.63 m |
| Dining room | Main level | 3.39 m x 4.66 m |
| Kitchen | Main level | 4.12 m x 5.04 m |
| Bathroom | Main level | 3.29 m x 2.38 m |
| Other | Main level | 2.27 m x 4.62 m |
| Living room | Main level | 3.47 m x 4.63 m |
| Foyer | Main level | 2.15 m x 2.26 m |
| Other | Main level | 2.21 m x 2.15 m |
| Living room | Main level | 3.5 m x 4.66 m |
Details
- Amenities Nearby: Park, Place of Worship, Golf Nearby
- Community Features: Community Centre
- Ownership: Freehold
- Parking Spaces: 4
- Transaction: For sale
- View: City view
- Zoning Description: Residential (R3)
Building
- Amenities: Separate Heating Controls, Separate Electricity Meters
- Appliances: Water Heater, Dishwasher
- BasementType: N/A (Unfinished)
- Basement Development: Unfinished
- Bedrooms Main Level: 5
- Construction Style Attachment: Semi-detached
- Cooling: Central air conditioning
- Exterior Finish: Aluminum siding
- Fireplace Present: False
- Fire Protection: Smoke Detectors
- Foundation: Stone
- Bathrooms (Half): 1
- Bathrooms (Total): 3
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 2000 - 2500 sqft
- Stories Total: 2
- Type: House
- Utility Water: Municipal water
Land
- Amenities: Park, Place of Worship, Golf Nearby
- Sewer: Sanitary sewer
- Size Frontage: 45 ft
- Size Irregular: 45 x 100 FT
Listing provided by REMAX BOARDWALK REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 390-394 HYDE STREET in Prescott Ontario. It was last modified on September 11th, 2026. Contact the Stuewe Team to schedule a viewing or to discover other Prescott properties for sale.