Looking for a prime investment or a property to call home? This property is an excellent opportunity, offering the potential for solid cash flow and long-term growth. Perfect for investors who want to take advantage of the 1% Rule in real estate. This well-maintained duplex features a spacious 3 bedroom and 1 bath main floor unit and a 2 bedroom 1 bath basement unit. Ample off street parking for both units, fully fenced in yard with a small storage shed, both units have separate laundry facilities. This property is a fully occupied building providing immediate rental income, making it a compelling option for investors seeking both stability and growth potential. The property's prime location and tenant-ready condition ensure a seamless addition to any portfolio fully tenanted and ready to provide immediate returns. Situated in a highly desirable location, residents enjoy easy access to local amenities, public services, and all the benefits of downtown living. Main floor rents for $1896.25/month, Basement unit rents for$1100/ month. Whether you're an investor looking for consistent cash flow or a homeowner seeking financial assistance from rental income, this duplex is the perfect fit. Don't miss out on this fantastic opportunity! **EXTRAS** Year built 1941, MPAC 301, AGSF 1345, Water & Sewer $1414.22/2024 , Hydro $4741.23/2024, Heat $1261.23/2024 (id:47421)
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Listed By
REVEL REALTY INC.
Data Provided By
Timmins, Cochrane & Timiskaming District Association of REALTORS®
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Detailed Information
Bedrooms
3+2
Bathrooms
2
Lot
33.83 x 99.58 ft
Features
Flat site
Listing Contract Date
2025-01-22
Location Description
Between Cameron South & Rea Street South
# of Parking Spaces
2
Property Type
Single Family
Transaction Type
For sale
Zoning Description
NA-R3
Building
Appliances
Refrigerator, Two stoves
Basement Features
Apartment in basement
Basement Type
N/A
Exterior Finish
Aluminum siding, Brick
Foundation Type
Block
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
1.5
Type
Duplex
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Sewer
Available
Land
Total Size
33.9 x 99.6 FT | under 1/2 acre
Sewer
Sanitary sewer
Size of Irregular Land
33.9 x 99.6 FT
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