4 Beds 2 Bath

455 Fourth Avenue, Black River-Matheson, ON P0K 1N0

Black River-Matheson P0K 1N0 Ontario

MLS: T12298416

$475,900

Added 5 days ago | For Sale

Listed by: LANDMARK REAL ESTATE CENTRE INC.

About Property

Investors Dream Turnkey Duplex with Positive Cash Flow Located in the heart of Matheson (near Timmins), ON. Appraised Higher Than Asking. It is fully rebuilt and beautifully renovated duplex with long-term value. This property features 2 fully separate and city-approved 2-bedroom units, currently leased for $7,800/month to a reputable paving company providing reliable, high-yield rental income. Fully Furnished: Includes TVs, beds, cutlery, furniture. All New Features: Walls, Spray-Form Insulation, Flooring (durable, high quality, water-heater), and Roofing. Stainless steel appliances in 2 separate Kitchens. New washer & dryer (shared laundry in basement). New windows and doors. Large Lot with potential for future expansion of additional rental units. Utilities included! Steps from Black River. Minutes from Bingham Memorial Hospital. Optional Property Maintenance Services by Seller. This is a hassle-free, income-generating property in a prime location. A rare turnkey opportunity in a high-demand rental area, ideal for corporate housing or long-term investment.

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 176 X 136
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:2nd Street / Fourth Ave in Matheson, ON
  • Basement:Unfinished , Unfinished
  • Possession Date:Lease Expire 2027
  • Annual Property taxes: $2494
  • Bedrooms:4
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:T12298416

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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