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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS8 + 8
ROOMSX13155692
MLSIDContact Us
Property Description
Well maintained duplex with two spacious 2 bedroom apartments. One apartment on the full main floor with basement area and the second apartment on the full second floor. Main floor tenant pays $1800 monthly with last month's rent collected. The second floor two bedroom unit is owner occupied, and can be rented separately. This is an excellent opportunity for a buyer to have a rental income helper to cover costs; ideal for first time buyers. There is a full basement under the front section with laundry facilities. The large rear addition has a crawl space/storage. There is ample parking in the back of the building or in the side driveway. Lots of storage both inside the units and in some of the small outbuildings. The electrical system has been upgraded and there is no know and tube wiring in the building. This duplex is centrally located close to schools, bus routes, parks and a short walk to the downtown area.
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Property Features
Fenced Yard, Public Transit, School, School Bus Route, Primary Bedroom - Main Floor, Separate Hydro Meter, Storage, Storage Area Lockers, Water Heater, Water Meter, Available, Private, Carbon Monoxide Detectors, Smoke Detector, Fire Escape, Multiple Entrances, Open Floor Plan, Parking
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Property Details
Address
155 Second Avenue
Community
City
Postal Code
P1B 1L3
Property Type
Duplex, Duplex
Days On Market
8
Zoning
R3 Residential
Lot Size
32' x 132'
Acreage
3,390.6 Feet
Taxes
$3,382 (2025
Basement
Crawl Space, Unfinished, Partial Basement
Exterior
Deck, Porch, Year Round Living
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Eric Hyatt Real Estate Limited, Brokerage
.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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