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Key Details
Sold Price $410,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $284
MLS Listing ID 40567020
Style Two Story
Bedrooms 4
Full Baths 2
Annual Tax Amount $2,446
Property Description
Investment opportunity for those looking for option of live in one - rent other to help offset your expenses and grow your investment. This property features updated siding, shingles, windows, electrical, & plumbing, ensuring minimal maintenance and maximum appeal. Recent additions include main-level laundry facilities, new kitchens, and stylish vinyl plank flooring that is both durable and water-resistant. The timeless charm of 9-foot ceilings creates an atmosphere of spaciousness and comfort throughout. Each unit has its own private balcony and entrance, as well as separate metering, providing tenants with privacy and convenience. Situated in a central location with easy access to public transportation, grocery stores, parks, cafes, and community centers, this property offers tenants the quintessential urban lifestyle. A Legal Duplex that offers investors the chance to expand their turnkey portfolio or indulge in the dual benefits of living in one unit while leasing out the other. Annual Gross Revenue of $48,888 and an impressive annual cap rate of 6.81% inclusive of management, maintenance & vacancy rates, this income property promises substantial returns. Whether you're looking to expand your investment portfolio or enjoy the benefits of passive income, this Legal Duplex is your gateway to financial success and lifestyle enrichment.
Location
Province ON
County Nipissing
Area North Bay
Zoning R3
Rooms
Kitchen 2
Interior
Heating Forced Air, Natural Gas
Cooling None
Laundry In-Suite, Other
Exterior
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Urban, Library, Park, Place of Worship, Playground Nearby, Public Transit, Rec./Community Centre, Regional Mall, School Bus Route, Schools, Shopping Nearby
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Aluminum Siding
New Construction No
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