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Property Description
This cute and charming bungalow offers an excellent opportunity for investors and first-time home buyers alike. This well-maintained legal duplex provides strong income potential and long-term value in a convenient central location. Numerous renovations have been completed over the years, including newer flooring, making the property move-in ready and ideal for generating steady rental income .Located close to the YMCA, public transit, schools, and within walking distance to grocery stores and everyday amenities, this home offers convenience for both owners and tenants. The large fenced backyard is perfect for enjoying the summer months, entertaining guests, gardening, or creating your own private outdoor retreat. Whether you are looking to expand your investment portfolio or offset your mortgage with rental income, this legal duplex is a fantastic opportunity you do not want to miss. The upstairs unit is currently rented for $1,700/month plus gas and hydro. The basement unit is rented for $1,500/month all inclusive, providing immediate rental income for the new owner.
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Property Features
Accessory Apartment, Carpet Free, In-Law Capability, In-Law Suite, Water Heater, Water Heater Owned
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Property Details
Address
155 Duke Street
Community
City
Postal Code
P1B 6E5
Property Type
Duplex, Duplex
Zoning
R3
Lot Size
30' x 125'
Taxes
$2,856 (2025
Basement
Apartment, Separate Entrance, Walk-Up
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Pool
Other
Parking Spaces
3
Garage Type
None
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Listing contracted with Revel Realty Inc. Brokerage
Step into the charm and potential of this spacious century home, offering 4 bedrooms and 2 bathrooms, including a classic clawfoot tub that adds a touch of vintage character. With its generous layout and timeless features, this property is ideal for those who appreciate historic homes and are ready to bring new life into a solid structure. The home sits on a large, fully fenced backyard-perfect for families, pets, or future outdoor projects. Inside, forced air heating provides efficient warmth throughout the seasons. Previously used as a duplex and still zoned as such, this property offers excellent flexibility for investors or homeowners looking to generate rental income. While the home does require some updates and repairs, the potential here is undeniable. With the right vision and effort, this could be transformed into a profitable income property or a stunning single-family residence. A rare opportunity to invest in space, character, and future value-don't miss your chance to unlock the possibilities this home has to offer.
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.Welcome to 907 Fraser St, North Bay - a fully rented duplex offering strong cash flow and three separate income streams, including the fully rented double garage. A turnkey investment opportunity perfect for investors looking to add a stable, income-producing property to their portfolio.This well-maintained property features long-term tenants who pay their own hydro, helping keep operating costs low and returns strong. With consistent rental income already in place, this is a hassle-free investment with positive cash flow from day one.Located in a convenient North Bay neighbourhood close to amenities, transit, schools, and everyday essentials, this property combines stability, functionality, and solid investment potential.Opportunities like this don't come often - fully tenanted, multiple income streams, and positive cash flow all in one property.
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