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. (id:51013)
| MLS® Number | 40567020 |
| Property Type | Single Family |
| Amenities Near By | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Equipment Type | Furnace, Water Heater |
| Parking Space Total | 2 |
| Rental Equipment Type | Furnace, Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Architectural Style | 2 Level |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Aluminum Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1440 |
| Type | House |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 56 Ft |
| Size Frontage | 36 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R3 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 3pc Bathroom | 7'5'' x 5'9'' | ||
| Second Level | Dining Room | 11'10'' x 9'9'' | ||
| Second Level | Living Room | 11'10'' x 11'7'' | ||
| Second Level | Kitchen | 11'10'' x 7'1'' | ||
| Second Level | Bedroom | 10'9'' x 9'4'' | ||
| Second Level | Bedroom | 10'9'' x 10'4'' | ||
| Main Level | 3pc Bathroom | 7'5'' x 5'9'' | ||
| Main Level | Living Room | 11'10'' x 11'7'' | ||
| Main Level | Kitchen/dining Room | 11'10'' x 16'5'' | ||
| Main Level | Bedroom | 10'9'' x 9'4'' | ||
| Main Level | Bedroom | 10'9'' x 10'4'' |
https://www.realtor.ca/real-estate/26718879/114-sixth-avenue-w-north-bay
Contact us for more information
Mike Burman
Broker of Record
(705) 478-8588
www.realtyexecutivesnorthbay.com
Josee Laperle
Salesperson
(705) 478-8588
www.realtyexecutivesnorthbay.com
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