Fully Rented Duplex Exceptional Investment Opportunity!This beautifully renovated duplex is a prime investment, currently generating $1,867.00 in total monthly rent, with a scheduled rent increase to $1,913.68 in July 2025. Both units are in excellent condition, offering modern amenities and tenant-friendly features. Each apartment features 2 spacious bedrooms, a full bathroom, and washer/dryer hookups. Tenants benefit from natural gas heating, on-demand hot water, and radiant electric heat panels in the living rooms. Separate hydro and gas meters ensure individual utility management.A large, shared backyard provides ample outdoor space for relaxation or recreation. Plenty of parking for both units.Fire-inspected and retrofitted in 2015 with new siding, 2-inch foam insulation, windows, facia, and soffits for improved energy efficiency and durability.Rental Income:Apartment A: $893.00/month + utilities and Apartment B: $974.00/month + utilities. This property offers flexibility for both investors and homeowners-live in one unit and let the rental income from the other cover your mortgage! Dont miss out on this turnkey duplex that combines modern living with excellent income potential.Property Code: 332 (id:47421)
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Listed By
CENTURY 21 TEMISKAMING PLUS Brokerage
Data Provided By
Timmins, Cochrane & Timiskaming District Association of REALTORS®
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
58.75 x 187.17 ft
Features
Irregular lot size
Listing Contract Date
2025-01-20
Location Description
ON EAST SIDE OF MERIDIAN AVE
# of Parking Spaces
6
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RESIDENTIAL
Building
Appliances
Water Heater
Architectural Style
Bungalow
Basement Type
Crawl space
Exterior Finish
Vinyl siding
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Other
Stories Total
1
Type
Other
Utility Water
Municipal water
Utilities
Type
Description
Cable
Installed
Sewer
Installed
Land
Total Size
58.8 x 187.2 FT ; L shape | 1/2 - 1.99 acres
Sewer
Sanitary sewer
Size of Irregular Land
58.8 x 187.2 FT ; L shape
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